Will I be covered if my tenant stops paying the rent but does not leave my property?
If your tenant stops paying the weekly rental amount in the period of insurance but does not leave, we will pay the weekly rental amount for:
- up to 14 weeks if your rental agreement is on a fixed term basis
- up to 2 weeks if your rental agreement is on a periodic basis
You will need to have suffered a loss of an amount equivalent to four (4) times the weekly rental amount before cover begins.
Limits, conditions and exclusions apply, please refer to the PDS. for full details.
