Because it’s more than just a roof over their head, it’s home.
Renting is on the rise. In the last 10 years, the UK private renting market has doubled. Trouble is, where homeowners see the need for protection to cover their mortgage, renters may not have considered protection to cover their rent. As a result they may be leaving themselves vulnerable if they became ill or injured and were unable to work.
– Nearly 1 in 4 people in the UK are expected to be renting privately by 2023
– UK rents are expected to climb by 15% over the next five years
– Renters spend 40% of their income on housing costs, double what owner-occupiers pay
That’s where Rental Protection Plan can help. It could help financially protect you by providing a monthly benefit which can be used to help pay the rent, in the event of a valid claim during the length of the plan. Give us a call today if you would like some further information, we would be happy to talk you through the options.