Rent Guarantee Insurance | Financial & Legal

What is Rent Guarantee Insurance?

Rent Guarantee insurance pays the monthly rent when a tenant stops paying until vacant possession is obtained or the tenancy ends.

What do we cover?

The insurance covers any amount of monthly rent owed by tenants who default on monthly rental payments for any reason shown in the policy.

Points to consider

Even the most reliable tenants can suffer unexpected financial hardship meaning that they are not able to meet their rental obligations. Our policy helps by ensuring rental income is protected at a stressful time for your landlord customers.

We will require tenants to have a valid credit reference and evidence of affordability at the time their tenancy begins.

We will cover up to £3,500 rent per month

Your customers can only buy Rent Guarantee insurance in conjunction with our Landlords Legal Expenses Insurance.

We cover up to 12 months rent.

Why choose Financial & Legal?

Our claims process will ensure that there is minimal delay in rental payments to minimise the financial impact on your customers

“The service we receive is exceptional. Financial & Legal are always 100% committed to their clients, providing invaluable swift and professional service, going above and beyond to help. The way the team liaise with our clients is exceptional from start to finish; they deal with matters sensitively and diplomatically, which is vital at a time when clients are understandably vulnerable and have an ongoing legal case.”

Charlotte Roberts, Owner of Anglesey Insurance Services LTD

“We were looking for more than just an insurer. We wanted to work with professionals who understood our business and risks and who could see the bigger picture. With Financial and Legal we have a dedicated team, who listen to us and develop the products we need.”

True Solicitors

“Having been with a larger insurer we seemed to have become stagnant in waiting for decisions and also experienced a lack of innovation. The Financial and Legal team and their personal approach means we can now sell products with the confidence that we are providing our clients with maximum security and protection.”