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Assurant Intermediary launches new Rent Guarantee & Legal Expenses product

We are delighted to announce that we are now able to re-introduce a comprehensive landlord insurance product providing rent guarantee and legal expenses cover to safeguard landlord clients against non-paying tenants and the associated legal costs of removing tenants from their rented accommodation.

The policy provides a guarantee to cover up to £3000 per month for any rent more than one month outstanding for a period of 12 months, provided that a legal claim against the tenant is being actioned via the legal expenses policy at an annual cost of £159.99.

The policy also covers up to £50,000 in legal pursuit in the following cases:-

  • if the property has suffered physical damage
  • in trying to get possession in the event of breaching tenancy agreement
  • covers costs of evicting anyone from the property who is there without permission
  • outstanding rent recovery

Find out more about this new product here