123.ie Home insurance-restrictive conditions?

I have an insurance policy on my rented house with 123.ie. A clause states that if the house is occupied by a family, one member must be in full time employment. Is this legal? Both parents are on Soc. Wel.

Also, can anyone recommend a good insurance company for property investments? Not impressed with 123.ie.

Re: 123.ie

conroyp said:

A clause states that if the house is occupied by a family, one member must be in full time employment. Is this legal? Both parents are on Soc. Wel.

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I'd imagine it is if it is covered in the contract

conroyp said:

Also, can anyone recommend a good insurance company for property investments? Not impressed with 123.ie.

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Buildings or contents? Note that 123.ie are brokers, not insurers.

Re: 123.ie

yes its legal alright - Insurance companies can put almost any clause into a contract as long as they have "statistical evidence" to back up thier reasoning behind said clause.

Re: 123.ie

a reputible company is Benchmark who are underwritten by AIG - premiums are very reasonable, but the only downside is that you have to go through a broker

Re: 123.ie

Are they suggesting that social welfare people may be less than honest in comparsion to working people?