penbro Posted October 22, 2010 Report Share Posted October 22, 2010 Hello, I hope someone can advise me. I need to know if having one buy-to-let property is considered having an occupation . May sound strange but I have an income protection policy , this policy has wording as follows, ..... 90% of any income from any pension and 90% of any income from ANY OCCUPATION will be taken into account. Personally I don't feel having one buy-to-let property makes it an occupation, If using an agent to manage the property, do you think that makes it even less of an occupation? I have searched everywhere for an answer but with no luck. Link to comment Share on other sites More sharing options...
Mortitia Posted October 23, 2010 Report Share Posted October 23, 2010 Well may be you should ask yourself if you could live off the income after tax of this 'buy to let'? Do you have another job? I see having 1 BTL as a hobby almost and not an occupation especially when using an agent. On the matter of any insurance policy - if you try to claim they will try to get out of it - just bear that in mind before you put this down as your occupation. Mortitia Link to comment Share on other sites More sharing options...
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