APRIL Canada launches the only Unpaid Rents insurance for Landlords in Ontario and Quebec

Montreal, QC (Sept. 18, 2018) — APRIL is delighted to announce the launch of our innovative Landlord Protection covering Unpaid Rents and Damage caused by tenants.

“Two of the biggest concerns for Canadian landlords are that the tenants do not pay their rents or that they find their rented property damaged at the end of the tenancy,” said Charlotte Malaurie, National Residential Director at APRIL. “These two risks are not addressed by the current insurance offering as historically, insurers have treated landlords like any other home owners, which they are not.”

“We are pleased to go above and beyond for Ontario and Quebec landlords and provide them a unique solution adapted to their needs,” added Malaurie.

APRIL’s product ensures landlords are well protected against:

  • Unpaid rents arising from rent arrears, tenant’s death, or untenantable property and other unfortunate situations.
  • Theft or damage caused by tenants – whether accidental, malicious or not.”

At APRIL we are always looking to keep things simple. With this in mind either or both coverages are available as a stand-alone policy or an endorsement to an APRIL Property & Liability rental policy.

The new Landlord Protection is another example of how we stay true to our values of Pushing Boundaries and Innovating. We were the first market to insure properties listed on short-term rental platforms such as AirBnB across Canada back in 2014 and now we are excited to bring yet another exclusivity to the marketplace.

For more information on this product please see April Landlord Protection For Unpaid Rents & Damage By Tenants (PDF).

Visit Landlord Protection to make a submission or find out more about this product.

About APRIL Canada

APRIL Canada is an independent MGA in Canada backed by worldwide expertise in providing innovative insurance solutions for specific niches. Our ambition is to change the image of insurance by keeping things simple. True to its values and commitments, customer relationships are at the heart of what we do. Teamwork and partnership between underwriters and insurance brokers are central to providing the best solution for insured clients.

By choosing APRIL you can be assured of high quality advice and excellent service.

For more information about APRIL Canada please access our website:  www.april.ca

Source: APRIL

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