租赁保险-案例研究

Lease InsuranceCase Study Underwritten bySource: TPN Rental Payment Profiles – Residential Q2 2024Q2 2024Paid on TimeGrace PeriodPaid LatePartial PaymentDid not PayGood StandingMarket Share %Market Share No< R3,00054.0%4.6%11.6%14.4%15.1%70.4%13.1%432,300R3,000 - R7,00064.6%4.7%12.8%12.0%5.7%82.1%47.1%1,554,300R3,000 - R4,50062.6%4.8%13.7%12.8%5.9%81.2%16.4%541,200R4,500 - R7,00066.2%3.8%12.4%11.9%5.5%82.4%32.0%1,056,000R7,000 - R12,00075.8%3.2%9.4%7.8%3.5%88.5%28.5%940,500R12,000 - R25,00074.2%3.8%10.1%8.1%3.6%88.2%9.9%326,700R25,00064.6%4.9%12.7%11.5%6.2%82.2%1.5%49,500Total Rental Units SA3,300,000SA Rental Payment Profiles11.5% to 17.9% of tenants haveoutstanding accountsEnough Protection?0.8x Rent2% to 6%Average DepositLoss RevenueDeposit Affordability 70% ofare NOT refunded≈5% per monthTrue CostBased on an average deposit equal to 0.8 of a month's rentBarrier to EntrySqueezedTenantsReduced LowerORResult is LOSS in Revenue!What is Lease InsuranceB2B insurance, powered by technolog