Protecting your investment with the right cover

Owning a rental property has long been recognised as a sound investment option for people wanting to maximise their financial returns, however, the failure to protect your valuable asset can mean the loss of the all-important income it generates.

It is part of our responsibility as your approved property management company to advise you of the risks associated with renting your property and the options available to offer protection for your investment.

REAL Landlord Insurance is a specialist Insurance Broker providing comprehensive cover to cater for your unique requirements. Their policies are only available to owners of investment properties that are professionally managed.

Choosing to insure can mean the difference between safeguarding your rental income and facing the prospect of being significantly out of pocket.

REAL offers three specialist products, as follows;

1. Building/Dwelling Insurance – Replacement Sum Insured Policy.
This policy must be purchased in combination with either of the below landlord policies. Please contact REAL direct for a quote on your dwelling and policy wording for full policy details.

• Accidental loss or damage to the dwelling/building.
• Contamination of illegal substances.
• Hidden gradual damage – up to $5,000.
• Low standard policy excess or higher elected voluntary excess.

2. Landlord Preferred Policy – Available for Residential Tenancies.
Offering three levels of cover, simply compare your weekly rent to the loss of rents section, or if you require a higher sum insured for your contents or illegal substance contamination, then select the option that is best for you.
The policy is designed to complement the Building/Dwelling Policy covering;

• Loss of rents.
• Landlords contents including accidental damage.
• Intentional damage including unlawful substances.
• One excess applies if deemed to be one event.

3. Landlord Multi Tenancy Policy – Available for Single Entity Properties.
For tenancies with a maximum of five bedrooms, and a maximum of five tenants. This has a similar cover to the Preferred Policy with set limits for contents and intentional damage. Please contact REAL if you require a copy of the policy wording.

REAL offers easy payment terms with their monthly direct debit, this is available on request. Please indicate this on your application form, REAL will then forward a Direct Debit Authority.

If you need any further information, please feel free to call REAL Landlord Insurance direct on freephone 0800 00 3545.
Alternatively, you can contact us at our office on phone: 03 343 3206.