Safeguard your rental investment
Avoid loss of income with rental payments covered when tenants fail to pay
Expert support when they need it the most
Continued cover while they re-market their property with yourselves
Up to £100,000 cover
Payment of rent arrears (with a nil excess) until vacant
75% of monthly rent paid for up to 3 months following vacant possession or until the property is re-Let
Expert support when they need it the most
Continued cover while they re-market their property with yourselves
Rent Guarantee insurance, often referred to as rent protection insurance, is a form of cover that acts as a safeguard should the tenants be unable to pay their rent. It will pay the rent whilst the tenant isn’t and cover the professional costs for the legal eviction simultaneously, subject to the policy terms and conditions. Even the best tenants can fall on hard times, and a tenant in arrears is a common reason for ending a tenancy. Whilst it’s natural to be sympathetic, the rental income must still be paid. We know the importance of protecting your managed properties and can offer a range of services designed to give you peace of mind
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The cost of the Rent Guarantee & Legal Cost cover depends on the amount of rent payable per calendar month as follows:
£0 - £2500 pcm : £268 inc IPT (Insurance premium tax)*
£2501 - £10000 pcm: 1.5% of rent payable plus IPT (Insurance premium tax)*
You have the right under the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 to cancel the Rent Guarantee & legal cost cover Service within 14 calendar days from the date upon which it was signed by you..
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