Blocks of Flats
Available under our Aro brand:

Underwritten by AXIS Managing Agency Ltd, this is an Aro original product which targets small build blocks or conversions which are owned by residents associations or managed by management companies.
For risks:
- Which are either purpose built blocks or conversions
- Which are comprised of up to 10 flats
- Which are 5 stories
- Which are managed by Residents Associations, Residents Management Companies, RTM Companies and Freeholders
Key Benefits
- Backed by ‘A’ rated capacity
Acceptable Property Types
- Purpose Built Flats with concrete floors
- Purpose Built flats with timber floors
- Converted Building
Varying occupancies accepted to include
- All owner occupied
- Part owner occupied/part tenanted (let out)
- All tenanted (let out) where Insured is the Freeholder of the building
- Listed Buildings accepted (Grade 2)
- Up to 25% of the flats unoccupied with full cover
What is Covered
Buildings Sum Insured
Minimum Declared Value £200,000, Maximum declared value £3,000,000, Maximum number of flats – 20, Maximum number of storeys including basement - 5, Communal Contents: £10,000 covered as standard, optional increase to £100,000, 25% Day One Uplift on Declared Value, Loss of Rent/Alternative Accommodate: 30% Sum Insured, 24 months, POL: £2,000,000 or optional £5,000,000, Accidental Damage is covered as standardMinimum Premiums
£300 + IPT + £25 fee, Temporary Accommodation/Loss of rent up to 30% of Sum Insured, as standard, with 24 months indemnity periodOptional Cover
Optional Employers Liability Cover
Standard Policy Excess
Standard £250, Escape of Water £500, Flood £250 (Dependent upon Postcode), Subsidence £1,000 (Dependent upon Postcode)