CII Certificate in Insurance IF6 Practice Test 2025 - Complete Guide for Household Insurance

The standard limit for property owners' liability cover under a block of flats insurance policy is typically set at £5 million. This amount reflects the potential liabilities that property owners may face due to injuries or damages that occur on their property. Liability insurance in this context is designed to protect the property owner against claims made by third parties for injury or damage that can arise from the maintenance of the building and its common areas.

Setting this limit at £5 million is significant because it provides sufficient coverage to address various potential claims, which can sometimes be substantial depending on the severity of the incident. This threshold is reflective of the standard practices in the insurance industry, ensuring adequate protection for property owners while complying with legal requirements and industry standards.

While other values may be offered by specific policies or insurers, £5 million is commonly recognized as a baseline for comprehensive property owners' liability cover, accommodating a range of scenarios that property owners could encounter.