• What is an interested party?

    An interested party is any other person or organisation with a financial interest in the property, such as a mortgage provider.

    An interested party – also known as an ‘additional interest’ – is a person or company other than the named insured on an insurance policy, which has an insurable interest in the person or property that the policy covers.

    In the case of a landlord insurance policy, the term ‘insurable interest’ means that the interested party – whether a person or company – stands to lose money in the event that the covered person needs to make a claim against the policy, such as if their property sustains damage as a result of a fire or flood that must then be repaired.

    So if you are taking out landlord insurance, an example of an interested party would be your mortgage lender.

    Insurers typically provide an ‘interested party’ with written notification of the amendment or cancellation of the given insurance policy. An interested party may be stated to be an insured party on the insurance contract, or they may be listed as a ‘loss payee’, meaning they have certain claims payments rights.


    When you need to make a claim against your landlord insurance policy, it is not only you who will be affected. Providing an adequate answer to the question “What is an interested party?” requires that you consider which parties have a financial interest in the property that your policy covers. The interested parties for your own insurance may be outlined in your policy contract.