(plus insurance premium tax)
As a student guarantor, if you are entering into a tenancy agreement that makes you joint and severally liable then you are not just standing as a guarantor for your tenant and their share of the tenancy, you are legally standing guarantor for the entire tenancy and the conduct of all the tenants.
You probably don't know the other guarantors to the tenancy or their financial situation so in the event a dispute over rent or damages is taken to court you could be the guarantor that is deemed most able to pay and action could be taken solely against you.
In the event of a dispute over outstanding rent payments or damage the guarantor insure policy provides a dispute resolution service to help bring all the guarantors together to agree a fair and amicable solution should a breach of the tenancy agreement occur.
If a dispute escalates and goes to court your policy provides both legal and financial protection and limits your liability to your 'share’ (subject to terms and conditions)
Our simple process allows you to get going straight away with insuring your guarantee.
1
Complete the application form
2
Pay the premium
3
All Documents emailed directly to you
We understand, from firsthand experience just how daunting it is to sign a contract for a student tenancy that makes you joint and severally liable. That's why we created the guarantor insure policy for student guarantors.
Our policy is only suitable for guarantors of student tenancies and is designed to provide cover in the event that you, the policyholder, are pursued solely for unpaid rent or damage relating to the tenancy, subject to the terms in the policy wording
Guarantor insure provides peace of mind backed up with real financial and legal protection for private individuals guaranteeing a student tenancy in England, Scotland or Wales, who have entered into a legally binding tenancy agreement that holds them jointly and severally liable.
We are here to help. If you have any further questions or would like to speak to one of our team, then please get in touch.
