Rent Insurance

ALLOW US TO PROTECT YOUR RENT…WHILE YOU PROTECT YOUR INCOME…..!

A SIMPLE PRODUCT

This is an insurance product which will pay (Either or All of):
1. your rent for up to 12 months in the event of your Tenant defaulting and refusing to leave your property,
2. up to 2 months rent if your Tenants leave the property before the expiry of their lease.
3. up to €25,000 for expert legal advice and representation in dealing with the above.

No matter how well your Tenants are vetted there is unfortunately no guarantee that they will continue to pay their rent, or remain in the property for the duration of their lease. Tenants’ circumstances can change for many reasons, such as:

• Accident or illness
• Breakdown of a relationship
• Unemployment or
• Relocation for work or emigration
• or they could just be that “Tenant from Hell”!

Regardless of the reason, the consequences can be very serious:

• You will still have to pay the mortgage with no rental income
• Your personal finances will suffer
• Mortgage arrears will adversely effect your credit rating and future borrowings
• If your investment is contributing to¬wards your pension your retirement income will suffer
• The financial pressures and dealing with a tenancy dispute can cause significant stress.

The cost….?
The premium is 1.5% (plus 2% government levy) of the annualised rent.

Contact us for a Free Initial Discussion about your Rent Insurance requirements:

• Tel: 01-6601 016
• E: info@ifcfinance.com