Rent Guarantee and Legal Expenses
Rent Guarantee and Legal Expenses Quiz
Test your knowledge on Rent Guarantee and Legal Expenses policies with our engaging quiz! This quiz consists of 10 questions designed for both beginners and experts in the field. Review key concepts, terms, and coverages relevant to policies, ensuring you’re well-informed.
- Learn about maximum payments and coverage limits.
- Understand tenancy breaches and legal definitions.
- Enhance your knowledge for better decision-making.
What are the maximum monthly payments we will make on an RRP policy with an excess?
What is the maximum we will pay for Legal Expenses under Combined?
£25,000
£30,000
£50,000
£20,000
What events do we cover under Rent Recovery Plus?
Un-authorised Occupants
Tenancy Breaches
Unpaid bills
Expiry of a section 8 notice
Expiry of a section 21 notice
Rent Arrears
Vacant possession is when...
...a tenant leaves the property but has kept the keys.
...a tenant has given notice to the agent that they wish to leave, but they haven't left yet.
...a tenant has left the property and given all keys back to the Landlord/Agent.
...a tenant has gone on holiday
Which product does not offer Vacant Possession payments?
Rent Guarantee payments continue on Combined policies even if the policy has expired.
Tick any common tenancy breaches
Growing cannabis
Not saying hi to your neighbours
If you have a dog and your Landlord is aware
Playing loud music in the early hours
Damaging your Landlord's items
Ignoring your Landlord's messages
As a minimum, what reference is acceptable for RRP with an excess?
An Enhance check, with a tenancy assessment score 690+ and the tenant in full-time employment
An Insight reference with no adverse credit
An Insight reference, with a tenancy assessment score 710+ and the tenant in full-time employment
An Insight reference with the tenant in full-time employment
The Optimum service lasts for...
6 months from the date the reference was completed
The entire tenancy
Until the agent cancels it
12 months from the commencement of the tenancy
An Enhance check comprises of...
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