Rent Payment Protection

Many tenants worst fear is missed payments and potential eviction, which is why Rent Payment Protection Insurance, that can protect against this in the event of accident sickness or involuntary unemployment is worthwile.

Our Rent Protection Cover is the lesser of:

Example of how to calculate the maximum benefit you can cover: Monthly Rent Amount - £500 + 50% = £750
Gross monthly salary - £2000 50% of = £1000
Maximum monthly benefit - £2000
Therefore based on the above information the maximum monthly benefit is £750 being the lesser of the 3 amounts

• Up to 150% of your monthly rent repayments, or
• Up to 50% of your gross monthly income, or
• Up to £2,000 per month

Designed to protect your rent payments in a crisis, this covers against (your choice of) accident, sickness or unemployment (ASU), giving you financial peace of mind against the unexpected. How would you cope financially if you were suddenly unable to work? Not only can we help protect you against the financial burden, but we also only provide protection insurance online so we can keep administration costs lower, meaning we can offer you value for money protection.

• 88 properties are repossessed every day - (May 2013)**
• 312 landlord possession claims are made every day - (May 2013)**

So, if you would like to protect your rent payments, get a COMPLETELY FREE QUOTE here. Please note, you will be transferred to our secure site.

Key Benefits

• Your rent can be covered for upto 12 months if you are unable to work.
• 100% free, no obligation quote
• FREE to switch to us from an existing provider
• FREE "Back To Work Service" included
• All monthly benefits paid directly to you
• Monthly premiums so you can talk to us about adjusting your benefit amount or you can stop cover at anytime
• A range of waiting periods available
X

What is the "Payment Protection Waiting Period"?

The date when payment protection benefits begin will depend on the waiting period you have selected.

The Payment Protection waiting period is the length of time you have to wait before you can make a Payment Protection claim and determines when the monthly benefit can be paid/received under the terms of the policy.

In all instances you can not make a claim until you have been unable to work for 30 consecutive days.

Waiting Period - Days

Eligible to claim from:

1st Monthly benefit paid on;

0 Days - You'll wait

30

Day 1

Day 31

30 Days - You'll wait

60

Day 31

Day 61

60 Days - You'll wait

90

Day 61

Day 91

90 Days - You'll wait

120

Day 91

Day 121

Please note ‘0 Days’ waiting period is sometimes referred to as ‘Back to Day 1’ cover