Flood Insurance Scheme for Commercial Premises and Let Properties at Risk of Flooding

After discussions with the Department of Environment, Food and Rural Affairs, the British Insurance Brokers’ Association has announced a flood cover scheme for commercial premises and let properties at risk of flooding. Many small and medium businesses in flood risk areas have had difficulty in obtaining cover and this scheme may help to provide a solution. You can read more about this on the link below:

New insurance scheme from British Insurance Brokers’ Association offers hope to businesses at risk of flood

For residents in flood risk areas who have difficulty in obtaining affordable cover. Flood Re may be helpful. Launched earlier this year, the Flood Re scheme is the result of the Government working closely with the insurance industry to make affordable flood insurance available to households across the UK. You can learn more about this on the link below:

http://www.floodre.co.uk/homeowner/

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    John Redwood won a free place at Kent College, Canterbury, and graduated from Magdalen College Oxford. He is a Distinguished fellow of All Souls, Oxford. A businessman by background, he has set up an investment management business, was both executive and non executive chairman of a quoted industrial PLC, and chaired a manufacturing company with factories in Birmingham, Chicago, India and China. He is the MP for Wokingham, first elected in 1987.

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