Income Protection for tenants and their families
Our flexible Income Protection can give your clients peace of mind knowing they’ll be able to pay their rent, and cover some of their everyday expenses, if they can’t work due to illness or injury.
The number of people renting in the UK is on the rise.1 Yet unlike homeowners, very few renters are encouraged to consider the benefits of protection.2
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In the last 10 years, the number of people renting their home has more than doubled.1
600k
Almost 600,000 new rental properties between 2018-2023.3
22%
of households will be privately rented by 2023.3
Research shows that many tenants would be interested in having a conversation about protection.2
Together, we can make this happen and help tenants become more financially resilient, so that should the unexpected happen they can focus on their recovery.
Unlocking UK rental market opportunities
We've created a range of support materials to help you unlock protection opportunities in the UK rental market, start conservations and build relationships with lettings agents and their tenants.
Take a look at these resources:
Income Protection for tenants and their families
Build your knowledge of protection opportunities in the UK rental market:
Working together to protect the rental income of letting agents
Help letting agents understand the opportunity and why their tenants need protection. You can add your company logo and contact details to this sales aid.
Introducing tenants to protection
Help tenants understand the need for protection and the difference it can make with our engaging animation, infographics and sales aid.
Approach email templates
Suggested wording to help you contact tenants, and help letting agents share the benefits of protection with their tenants.
- From adviser to tenant (Doc)
- From letting agent to tenant (Doc)
Sources:
1 UK private rented sector: 2018. Ons.gov.uk
2 Hymans Robertson, Protecting generation rent, September 2019
3 Knight Frank’s Multihousing 2019 report