Rental Protection Plan
Life insurance, critical illness cover and income protection for renters
Rental Protection Plan is designed to protect your clients who rent their home. It could help financially protect your clients by providing a monthly benefit which can be used to help pay the rent, in the event of a valid claim.
Rental Protection Plan includes a choice of three products, which are all exclusive through advisers:
Rental Income Protection Benefit
Designed to provide a regular monthly benefit which can be used to help cover rent payments if your client can’t work because of an illness or injury.
Rental Life Insurance
Designed to provide a regular monthly benefit for your client's surviving family. It can be used to help cover rent payments in the event of your client’s death.
Rental Life Insurance with Critical Illness Cover
Designed to provide a regular monthly benefit for your client or their family. It can be used to help cover rent payments if your client dies or is diagnosed with a specified critical illness.
Key documents and tools
Key documents
Key documents
Tools and calculators
Reasons to recommend Rental Protection Plan
Cover can be tailored to suit different needs, with a choice of three products
Access to Wellbeing Support included as standard, with a choice of other optional benefits
No claims cut-off periods
Key features and benefits
Designed with renters in mind
If your client stops renting and takes out a mortgage, it’s easy to switch to our Income Protection Benefit plan. Available on Rental Income Protection Plan only.
We’ll beat competitors
In some instances, you may be able to use Price Beater to get the best price for your client. Please see our Price Beater guide for more details.
Changing Your Policy option
Allows your client to increase cover on specified events, including if their rent increases, without further medical questions. Eligibility criteria and restrictions apply.
Advanced payments for funeral costs
Families can receive an advance payment of up to £10,000 on a valid life insurance claim to help cover funeral costs, with payment made directly to the Funeral Director. Terms & Conditions apply.
Valuable cover for difficult times
Because it’s more than just a roof over their heads, it’s home.
Support from Umbrella Benefits
Rehabilitation Support Service
Included as standard with income protection. Supports a quicker return to work, and good physical and mental health.
Wellbeing Support
Access included as standard on protection policies. Personalised practical and emotional telephone support from a registered nurse.
Fracture Cover
Covers multiple claims a year if your client gets a specified injury, up to £4,000 a year. Available for an additional £5.90 a month*.
Care Concierge
A free telephone service which gives your client and their family access to later life care experts.
* Insured by AXIS Specialty London. The support and services are provided by Trustedoctor, a sister company of Further Underwriting International SLU
Product details
For full details, see key documents for the Policy Summary and Policy Booklet
Rental Income Protection Benefit product details
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| Maximum cover |
If considered a houseperson – working less than 16 hours per week: £1,667 a month/£20,000 a year |
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| Maximum term |
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| Minimum age |
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| Maximum age |
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| Policy must end before |
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| Type of cover |
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Rental Income Protection Benefit - benefits and options
| Changing your policy (previously known as Guaranteed Insurability Option) |
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| Other changes |
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| Continuous Cover |
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| Deferred Period |
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| Income Guarantee |
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| Life cover |
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| Linked Claims |
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| Low Cost Options |
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| NHS sick pay protection |
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| Proportionate Benefit |
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| Rehabilitation Support Service |
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| Stepped Benefit |
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| Waiver of Premium |
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| Wellbeing Support |
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| Fracture Cover |
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** There may be certain occupations that have limitations on the length of the policy
*** Minimum deferred period for most driving based occupations
Rental Life Insurance product details
For full details, see key documents for the Policy Summary and Policy Booklet
| Minimum cover |
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| Minimum term |
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| Minimum age |
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| Maximum age |
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| Policy must end before |
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| Type of cover |
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| Premiums |
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Rental Life Insurance benefits and options
| Accidental Death Benefit |
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| Changing your policy (previously known as Guaranteed Insurability Option) |
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| Other changes |
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| Terminal Illness Cover |
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| Waiver of Premium |
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| Wellbeing Support |
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| Fracture Cover |
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Rental Life Insurance with Critical Illness Cover product details
For full details, see key documents for the Policy Summary and Policy Booklet
| Minimum cover |
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| Maximum cover |
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| Minimum term |
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| Maximum term |
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| Minimum age |
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| Maximum age |
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| Policy must end before |
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| Type of cover |
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| Premiums |
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Rental Life Insurance with Critical Illness Cover benefits and options
| Accidental Death Benefit |
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| Changing your policy (previously known as Guaranteed Insurability Option) |
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| Other changes |
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| Children’s Critical Illness Cover |
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| Terminal Illness Cover |
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| Total and Permanent Disability |
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| Waiver of Premium |
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| Wellbeing Support |
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| Fracture Cover |
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