Insurance

  • Landlords Protection Insurance

 

Insurance designed to protect the landlord.

Common features of a landlord insurance policy include:

 

  • Malicious or intentional damage to the property by the tenant 

      or their guests (above that which may be covered by 

      Rental Bond Monies)

 

  • Theft by the tenant or their guests

 

  • Loss of rent if the tenant defaults on their payments.

 

  • Liability, including for a claim against you by the tenant

 

  • Legal expenses incurred in taking action against a tenant

 

 

Glossary

Insurance Protecting

The Landlord

  • Lenders Mortgage Insurance (LMI)

 

Usually required by lenders when you're borrowing more than 80% of the property's value.

It provides insurance to the lender in case the borrower defaults on the loan.

 

  • Life, Trauma & TPD Insurance

 

This cover is about insurance covering accidents / circumstances which cause death (life cover), a serious health

issue like cancer and illnesses that impede your ability to work for a certain time (trauma cover) or a serious

impairment that would take away your ability to ever work again (TPD cover).

Investor

Enquiry

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property strategy session?

 

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