Deposit Insurance Schemes

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  • Deposit Insurance Schemes

    Suprisingly, I haven't been able to find much on this forum via a search. Could some kind soul point me to a thread about it or alternatively my question is:

    I've read somewhere (can't remember where!) good things about schemes whereby rather than pay a full deposit the tennants can pay for insurance which covers the landlord for damages, non payment of rent etc.

    Are these schemes recommended?

    Also, I was going to take out MARAS insurance against non payment of rent. Would these schemes duplicate that?

    Thanks

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