Toronto, ON (Feb. 20, 2019) — APRIL Canada is pleased to announce the introduction of extended Landlord Protection, featuring warranty protection for appliances.
“After launching the only insurance for rent arrears and damage caused by tenants back in September (2018), we kept working tirelessly to go above and beyond for Ontario and Quebec landlords and provide them a unique solution adapted to their needs,” said Charlotte Malaurie, Residential National Director at APRIL. “A lot of landlords from the GTA or Montreal rent out their properties with appliances and include them in the lease and rent. But it can be very cumbersome to manage for the landlord if one of the appliances breaks down and they need to call a repairman or change it. So in order to ease the landlords’ lives, we’ve added an Appliance warranty to our Landlord Protection.”
The Appliance warranty is available under two options:
- 3-appliance plan for $134; or
- 5-appliance plan for $189.
If the appliance is not repairable, the landlord can buy a new one from a very extensive catalog at discounted price.
APRIL’s product insures 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 they are accidental, malicious or not.
- Appliance breakdown – for the stove, fridge, dishwasher, washer and dryer made available by the landlord to tenants.
- Property damage – whether it’s a rented home, condo or multiplex.
- Civil liability – if someone gets injured on the rental property and the landlord is found legally liable.
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 you 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.
Discover our Rental website at www.aprilrental.ca.
About APRIL Canada
APRIL Canada is the largest independent MGA in Canada backed by worldwide expertise in providing innovative insurance solutions. Our ambition is to change the image of insurance by keeping things simple. With a team of highly skilled specialist underwriters, APRIL develops and offers a wide range of products across personal and commercial lines for your clients’ special risks and for niches products. 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 CanadaTags: APRIL Canada, landlord, Ontario, Québec, rent