REINSW, the peak industry body for real estate in NSW, has launched the latest offering in landlord insurance, RealtyProtect.
“RealtyProtect is a landlord insurance policy with a difference,” says REINSW Business Development Manager, John Tràni. “It is a quick and easy process for landlords to insure their property. RealtyProtect Landlord Insurance is competitively priced and provides comprehensive cover for a range of benefits”.
REINSW has partnered with Jardine Lloyd Thompson (JLT), one of the world’s leading providers of insurance brokerage services, as its authorised representative to distribute an insurance product designed by the real estate industry for their landlord clients across New South Wales.
RealtyProtect is a cost-effective option for landlords. Landlords also have the option of adding building cover for an additional premium.
“Property managers have been very clear with us about what landlords look for in a landlord’s insurance policy and some of the key issues that can arise with rental properties,” he says. “They expect certain ‘big ticket’ items to be covered to consider buying a policy. JLT has worked with us to create a policy based on the feedback of property managers, that aims to meet the expectations of landlords”.
Tràni says in the development of RealtyProtect, REINSW was determined to build a socially conscious insurance product.
“We take our corporate social responsibility seriously,” he says. “In the real estate industry, we’re putting people into homes every day. Whether it’s buying or leasing, it’s what we do, and we do it well. With RealtyProtect, we’re taking it one step further. For every RealtyProtect Landlord’s Insurance policy purchased – and every subsequent renewal – REINSW and JLT will make a combined $5 donation to The Salvation Army to assist people experiencing homelessness.”
Realty Protect Landlord Insurance will also be distributed by property managers who are members of REINSW. These property managers will arrange Realty Protect policies as Authorised Distributors of JLT and will receive commission for policies sold.
To celebrate the launch of RealtyProtect, landlords in New South Wales who purchase a new Landlord’s Contents policy will receive their first 13 months of cover for the price of 12.
Please note that this insurance cover is subject to the terms, conditions, limits and exclusions of the Policy and an excess may apply. This offer for RealtyProtect Landlord’s Contents policies is available to landlords in New South Wales only. The first period of insurance will be for 13 months and on renewal, the policy period is for a 12-month period.
For more information about RealtyProtect, visit realtyprotect.com.au or contact REINSW Business Development Manager, John Tràni, on 0413 365 517 or at [email protected].
The Real Estate Institute of New South Wales (REINSW) is the peak industry body for real estate agents and property professionals in NSW. It represents more than 2000 agencies across residential sales, property management, commercial, strata management, buyers’ agency, agency services and auctioneering. Established in 1910, REINSW works to improve the standards, professionalism and expertise of its members to continually evolve and innovate the industry. It lobbies the government and industry on behalf of members, develops new products and services to benefit agencies and professionals, and offers training and ongoing professional development. For more information, visit reinsw.com.au.
Jardine Lloyd Thompson Pty Limited (ABN 69 009 098 864, AFSL 226827) (JLT) are authorised under a binder agreement with the insurer, Chubb Insurance Australia Limited (ABN 23 001 642 020, AFSL 239687). To distribute the Policy, JLT sub-authorises REINSW (ABN 51 000 012 457, AR 1260666) as an Authorised Representative, and real estate agents as Authorised Distributors. JLT, REINSW and the real estate agents do not act on your behalf and receive commission for policies sold. Any advice provided is general advice only and does not consider your objectives, financial situation or needs. Real estate agents cannot provide advice or recommendations regarding the Policy. Consider the Product Disclosure Statement, the Key Facts Sheets and the Financial Services Guide available at www.realtyprotect.com.au to decide if the insurance is right for you.
The JLT Group is a part of the Marsh & McLennan Companies (MMC) group of companies.