Aon Rent Protect covers a broad range of tenant situations that can lead to non-payment of rent, such as eviction, abandonment, hardship of tenant, military service, tenant non-payment of rent, or the death of a tenant. Policies also include reimbursement for legal expenses (up to $1,000) incurred to remove a tenant from a rental due to non-payment of rent.
• Protects cash flow from loss of rent due to tenant rent default
• Claims are paid monthly.
• Easy application process – three simple questions
• Plain English policy wording with limited conditions
• Reimburses legal expenses (up to $1,000) through the eviction process
• Protects you from inappropriate tenant placement claims
• Encourages hesitant investors to enter the market
• Provides additional value for your clients
• Continues your property management revenue during client losses
• Supports legal fees charged to you to support eviction claims