Rent Guarantee Insurance

Policy Address

This is the address of the property being insured.

Total Rental Amount

Please enter the agreed monthly rent amount in full, however any claim for rent arrears will be capped at £2,500 per month.

Policy Start Date

New or existing tenant?

Rent Guarantee Insurance

For more info:
Insurance Product Info Document
Status Disclosure Document
Policy Booklet

I want to receive my policy documents by

Please read carefully all the statements below

1. In order to purchase this policy, the applicant must own the insured property or be legally responsible for the collection of rent
2. The property must only be used for residential purposes and this should be reflected in the tenancy agreement.
3. All tenants noted on the tenancy agreement must be aged 18 or over.
4. The initial fixed term of the tenancy agreement must be for a minimum period of 6 months, excluding Scotland. Acceptable forms of tenancy agreements are:
   a. An Assured Shorthold tenancy agreement as defined within the Housing Act 1998 (as amended);
   b. A Company Residential tenancy (company let) created after 28th February 1997 where the tenant is a Private Limited Company (Ltd) or Public Limited Company (Plc) and the property is let purely for residential purposes to an employee of the tenant;
   c. A written common law residential tenancy agreement created after 1st October 2010 between individuals where the rent is in excess of £100,000 per annum.
   d. For tenancies in Scotland, an Short Assured Tenancy or Assured Tenancy as defined in the Housing (Scotland) Act 1988 or a Private Residential tenancy agreement created after the 1st December 2017 as defined within the Private Housing (Tenancies) (Scotland) Act 2016.
5. The following checks must be carried out before the commencement of the tenancy agreement or the policy, whichever is later:
   a) A credit check obtained from a licensed credit referencing company showing no CCJ’s in the preceding 3 years, no outstanding CCJ’s and no undischarged bankruptcies
   b) Two forms of acceptable identification, one of which must be photographic
   c) Affordability checks must be carried out on all tenants by the purchaser or a licensed referencing company, which confirms that the tenants have the reasonable means to pay the rent i.e. that their income, or combined income for tenancies with multiple tenants, is sufficient to pay the agreed rent in full. If the tenant(s) cannot meet the requirements of the credit check, a guarantor must be sought who can meet the requirements above. If the tenant is a company, a company reference must be carried out showing no CCJ’s and the agreed rent must not be greater than 85% of the company’s credit limit.
6. The first month’s rent must have been received in cash or cleared funds
7. Where applicable and as required by the relevant laws within each country of the UK, all necessary pre-grant notices must have been issued to the tenant to meet any regulatory requirements. The requirements may also differ depending on whether the policy is purchased in conjunction with a new or an existing tenancy agreement. Examples of pre-grant notices may include; Energy Performance Certificate, Gas Safety Certificate, How to Rent guide.

Have you read all the above statements?

Direct Debit Mandate