When you’re a small business owner and a landlord at the same time, the rent that comes in every month is so important, what can do to make sure that rent keeps coming in?
The answer is an insurance policy, which will pay your rent for a period of time. It will only pay your rent at times when your flats or houses are unable to be rented due to damages of some sort.
The kind of damage like a house fire or a terrorist attack which causes damage to your building. Other types of damage due to vandalism can have a high impact on your small business, some sort of insurance must cover this.
Will this cover the mortgage payments and for how long?
It will cover your mortgage payments but only until you have a new or your previous tenant moves back in your property and the builders … Read More