Welcome to the Tenancy360's rental guarantee insurance page. RGI is a valuable insurance policy for landlords who want rental income protection, RGI is available from £210.00 and covers properties up to £2,500 per month. The coverage lasts 12 months and includes the Insurance Premium Tax, in addition to this is offers the following:
Click here for more information about the RGI offered by Alan Boswell.
In order for the tenants to receive RGI they must satisfy the following three conditions:
1.Each tenant has the right to rent in the UK and provides proof in these forms:
One of :
1. A valid UK Passport
2. A UK National Identity Card
3. A UK Residence Permit
Or one of :
1. A valid UK Driving Licence
2. A Valid and In-Date Travel Visa
Combine with :
1. A proof of address
- Banks Statement
- Tenancy Agreement
- Council Tax Bill
2. Each tenant has a clean Credit File :
When Checked there must be 3 years without :
- CCJs
- Bankruptcies
- IVAs
3. The combined Gross Salary of the tenants is 30 times the monthly rent or 2.5 times the annual rent:
Evidence can be provided by :
- Open Banking Access
- Employer Reference
- Multi-Tenant Dwelling allow for a Combination
Tenancy360 is looking to work with a range of insurers, to ensure we provide the Rental Guarantee Insurance that works for you. Check out our award winning partners below:
Tenancy360 recognises just how important it is to protect your insurers and we want to help connect you with businesses that will enable you to do that.
Alan Boswell Group is an insurance and financial planning group with nearly 40 years’ experience.
We are partnered with them to offer our landlords Rental Guarantee Insurance (RGI), allowing them to protect their income from non-paying tenants.
Click here for more information about the RGI offered by Alan Boswell.
In order for the tenants to receive RGI, they must satisfy certain criteria.
You can find out more about this criteria here.