Commercial Rent Default Insurance

Don’t let your money disappear with your tenant.

Commercial Rent Default Insurance is the first stand-alone product of its kind offering Commercial Landlords a better way to manage their risk, attract and keep good tenants, and maximise their profits.

If you are serious commercial property investors arrange a Commercial Rent Default Insurance quote.

• Commercial Rent Default Insurance will cover commercial landlords for loss of rent:
• If their commercial tenant fails to pay the rent
• If their commercial tenant leaves without notice
• If their commercial tenant leaves without paying all of their rent
• If they legally evict their commercial tenant

It will cover your business from the day rent stopped being paid and keep you covered until there is a new tenant, the lease expires or the policy limit is reached.

The cover is offered by Greenhill Underwriting Agencies Underwritten by Hollard Insurance Australia Ltd. (AM Best Rating A-)

Covered Acceptance Rules

• Must have written lease agreement(s) in place
• Periodical leases are ineligible
• All tenancies within a property to be insured
• Other exceptions, ineligible tenants, existing lease agreement conflicts at the discretion of the insurer
• At least 50% of the premises must be occupied