- This Landlord Rental Protection Plan is applicable for any unit rental from RM500 to RM5,000 only.
- On-Time Rental (OTR) is a feature that allows you to get your rental income on time even when your tenant pays late or stop paying. OTR payment can be activated up to 2 times continuously and will only be reset once a tenant pays their rent.
- Overstay Cash Defender is a feature that ensures you to still receive your monthly rental even if the tenant stops paying the rent while still occupying the house.
- Inconvenience benefit coverage is upgradeable upon request.
- Click here for SPEEDHOME Product Disclosure Sheet.
There are three Landlord Rental Protection Plans for home rental, please refer to the following visuals
Claiming Process
Average 9 days process
- DAY 1
The document received from the landlord.
- Will take around 1-2 days to process and submit to Allianz.
- DAY 2 - 3
- DAY 4
Allianz receives the document from SPEEDHOME.
- Allianz will take around 3 working days to process all the documents.
- Once everything is checked, Allianz will provide the result.
- DAY 5 - 6
- DAY 7
Claims approved and amount reimbursement
- Allianz will take around 3 working days to process all the amount approved.
- Rental loss you will receive from SPEEDHOME and other claims from Allianz direct to the landlord amount.
Approved and Partially Approved Comparison
Mattress
Approved
- Dirty, smelly and also has cat scratches.
- No other future tenants will sleep on it due to hygiene purposes.
Approved partially
- Scratches and holes (repairable).
- Approved RM100 for damaged allowance once (rejected for replacement item).
Wardrobe
Approved
- Missing door and drawer scratches.
- Approved for replacement item.
Approved partially
- Landlord claim to replace one whole wardrobe while the damage is only the roller.
- It is repairable.
Sofa
Approved
- Leg broken (bent), fabric torn (holes).
- Request to replace the new unit as the cost of repair workmanship and transportation is more than buying a new unit.
Approved partially
- Damaged by holes and peeling of the armrest and stains of colours on the fabric.
- Landlord claim for the replacement of sofa.
- Rejected and only provided RM300.
Wall
Approved
- Scribbled and dirty walls.
- Drilled holes and double sides tapes.
Not approved
- The wallpaper does not falls under the insured description of the policy cover.
- It is not also can be deemed as contents or and it’s not part of the building damage.
For further information the claims process and what you can and cannot claim for
click here
You can list your property on SPEEDHOME for free. Our homerunners will also provide free property viewing to tenants.
You only have to purchase our Landlord Rental Protection Plan after proceeding to rent out your property with SPEEDHOME.