16 January 2015
Metal theft cases will now be considered under the LPOW Roof Repair Fund, provided that the funded works can be insured for their full reinstatement value against theft, loss or damage.
National Heritage Memorial Fund (the administrators) has this insurance requirement as standard for all applications, not just those that have suffered metal theft, to ensure the highest standards of probity in the distribution of public money.
In its statement on 15 January, Ecclesiastical Insurance Group confirmed that effective from 1 February 2015, the revised limit for replacement of external metal after theft (if an approved roof alarm and SmartWater are in place) will be £25,000, with an additional £25,000 available for subsequent damage (and £7,500 with an additional £7,500 available for subsequent damage if only SmartWater is in place). NHMF has agreed the costs of installing roof alarms to be grant eligible, thereby helping parishes meet EIG’s condition of insurance.
The LPOW Roof Repair Fund administrators have confirmed they will, henceforth accept all applications from churches that require replacement of roof metal following a theft without proof of insurance. This includes a small number of churches that require cover in excess of the revised limits, as EIG has said it is looking to provide top-up cover for an additional premium to such churches. Without full insurance cover churches will not be eligible for grants.
Although not compulsory, it is recommended that churches contact EIG at the earliest opportunity to check what increase in premium there might be for increased cover.
In summary, EIG have increased their cover to £25,000 (£7,500 without an alarm). Any PCC who apply for the grant must have 100% insurance cover for the works that are grant aided.
If you have any questions regarding this, please call 01522 504046
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