When the economy tightens there is financial impact on everyone; businesses, employees, young singles, families and the elderly. It can also significantly affect property investors. There are often circumstances, such as unemployment, that are out of anyone’s control. What if your tenants financial circumstances change and they cannot afford to pay rent? Who will pay?
Landlord protection insurance will. For a minimal investment that is tax deductible, you cannot afford not to have this insurance. We highly recommend policies offered by landlord insurance specialists, such as EBM and Terri Scheer. Comparing this cover with an existing policy is also a worthwhile exercise – as you often only find out what you’re not covered for, when you make a claim.