Rentshield is a first of its kind insurance product that protects residential and commercial landlords far more than a traditional deposit would, and alleviates the need for a tenant to pay a deposit. Our cutting edge, zero-deposit product offers a complete suite of services and protects the landlord against all the stresses associated with leasing out a property. Rentshield offers the following b
enefits to landlords, agents, brokers and tenants
1. No cost to the landlord/agent/broker
2. No deposit required from the tenant
3. Insurance premium built into the monthly rental
4. Cover for loss of rental
5. Cover for damages
6. Cover for unpaid utilities
7. Cover for absconding tenants
8. Cover for legal fees and procedures associated with evicting a tenant
9. CPA compliant
10. Full monthly rent paid out to landlord within 48 hours of a claim, should the tenant fail to pay the rent on the due date
11. Free comprehensive online tenant vetting facility
12. Regular and timely reminders of lease expiry
As a result, Rentshield ends up offering landlord’s over 5 times the amount of protection than a traditional deposit would. Get in touch with us today so we can help create a stress-free property letting experience for you. Rentshield is a product of Torus Capital (Pty) Ltd, a short-term insurance facility offering niche products geared towards specific markets, providing measurable and sustainable benefits.
