Rent Guarantee – Covid-19
Rent Guarantee Insurance
With immediate effect EML are placing sales of Rent Guarantee Insurance Policies on hold.
It has come to light that in order for a policy holder to claim for rent guarantee on some policies they MUST start eviction proceedings against the tenant.
In light of the current Covid-19 situation EML can not condone such action being taken against tenants for something that is totally out of their control. We find such a clause morally unacceptable in the current climate.
We will not actively benefit from new insurance policies which could have an adverse affect on the lives of other people.