Flap
Provide a peace of mind for you and your family by enrolling in Rent Payment Protection Program. Borrowell has partnered with Flap to offer rent protection insurance so that you can safeguard you and your family against unexpected rent non-payments due to job loss, critical illness, disability, or accidental death.
We cover your monthly rent payments, up to 3 months, if you lose your job involuntarily.
Job Loss
We cover your monthly rent payments, up to 3 months, if you become disabled.
Disability
We cover your monthly rent payments, up to 3 months, if you get diagnosed of a critical illness
Critical Illness
We cover your monthly rent payments, up to 3 months, in case of accidental death or dismemberment
Death and Dismemberment
Why Rent Protection?
Rent payment insurance can help cover some or all of your monthly rent payments up to 3 months in the event of an illness, disability, involuntary job loss or death. Insurance premiums are collected as a small percentage of rent payment, making it an affordable and manageable option. Rent insurance provides peace of mind for you and your family against rent non-payments, and it offers security should you experience an unexpected event or reduction in your income. Detailed Certificate of Insurance can be found here.
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Coverage of Rent Payment Protection Program:
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Involuntary Job Loss
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Critical Illness Coverage
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Disability Coverage
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Accidental Death, and
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Up to $2,000 per month for 3 months