Relax with up to 5 weeks Bond Cover
As part of your tenancy negotiations you can suggest that your Tenant purchases BondAssist in place of a cash Bond or in addition to a cash Bond. It helps the Tenant (less upfront costs) and you get increased cover.
- Guaranteed 5 weeks bond cover instead of 4 weeks or less
- The Guarantee is irrevocable (cannot be cancelled by anyone, but the landlord)
- Tenant pays the fee (23% including GST of agreed cover amount).
- No administration, invoices or premiums to pay.
- Tenants are fully vetted – Including Veda Advantage Credit Score
- The Guarantee is issued by CBL Insurance Limited, a registered NZ insurance company with representative offices in London, Kuala Lumpur, Copenhagen and Atlanta.
- Easy claims process that mimics the current system.
BondAssist can also be used in addition to the Tenant lodging a bond with the Department of Building and Housing.