Late in October jml Property Insurance launched a specialist “Rent Guarantee” section on their website as more and more landlords are finding that some tenants cannot pay their rents. The recession and higher unemployment is not helping and so many landlords are considering taking out a Rent Guarantee Insurance policy.
Several insurance providers that jml advertises including HomeLet, Letsure, Endsleigh and Rentguard were added.
Philip Suter of jml Property Insurance.co.uk contacted Ian Simpson the Business Development Manager of Simple Insurance to find out if they had a product that could be advertised on the site. Ian replied that they were working on one and had a specialist website that had just been on test for a few days.
On the 6th November the details have been added to the jml-property-
According to the information that Simple has supplied;
• There is Up to £15,000 for rent arrears (up to £2,500 per month)
• Up to £10,000 legal expenses cover
• 6 or 12 month policies to accommodate different tenancy contracts
• Access to a 24 hour Legal Advice Helpline
• Cover starting from just £45 inc IPT
Full information can be found at http://www.jml-
Simple Rent Guarantee is a trading name of TPS (Insurance Admin Services) Limited. TPS and part of the (part of the UKU Group) and they also have other products advertised on the jml insurance website including Simple Travel Insurance, Weddingplan wedding insurance , Travelplan Direct Travel Insurance and Primary Travel Insurance.
Photo:
http://www.prlog.org/




