Insurance wording for tenancy agreements?

What is more concerning to me about recent insurance quotes is not so much that their policy wording may be out of date (which appears to be the case in your post). Rather, my recent quotes specifically asked for information on which of my properties are rented out to people who are employed, and more specifically, which are on benefits. In other words, the implication to me is that whilst landlords are expressly forbidden from discriminating against renting to people in receipt of benefits to fund their rent (in rent charged or right to rent), there is clearly a cost calculation to landlords’ insurance premium being exercised by insurance companies based on whether the occupier is on benefits or not. I am drawing the conclusion, therefore, that there is a clear higher insurance cost for landlords to rent to people on benefits rather than employed people, and that this extra cost can not be passed onto what rent you advertise a property for based on tenant circumstances. I am not saying that insurance companies are wrong (in fact they are probably right in their risk assessments), but landlords are effectively being forced by law to subsidise rents to people on benefits despite them having been assessed by insurance companies (probably correctly) to carry greater risks and therefore greater insurance premiums and greater costs.

Hi.
Just as you do not need to issue new APTs in place of your current ASTs neither do the insurance or any other comp-any need to change immediately.
A bit like the new banknotes coming in with the King on. The others are still valid.
Its a statutory change passed by Parliament. Therefore wherever you see AST you now read APT.
I hope this helps