SINGAPORE, July 16, 2025 /PRNewswire/ --Rently, a Singapore-based platform that combines finance and property tech, has introduced a complimentary insurance coverage plan for Rently Care users residing in non-landed homes. Officially launched on 4 April 2025, the plan includes home contents protection and up to three emergency repair services per coverage period, each valued at up to S$150.
The new offering gives eligible tenants added protection and convenience, underscoring Rently's mission to simplify the rental journey. With features like deposit-free renting via Rently Care and automated rent payments through Rently Pay, an automated rent payment feature, Rently now extends its support further with insurance coverage provided by a globally recognised insurance partner.
The embedded insurance solution was made possible through a collaboration with global insurtech company discovermarket, which enabled seamless integration into Rently's platform.
A Timely Response to an Evolving Market
With more than 13,000 rental scam cases reported in 2025, the need for enhanced rental security has never been more apparent. Insurance protection is quickly becoming an essential safety net for both tenants and landlords navigating an increasingly complex market.
"This move allows us to address a longstanding gap in the rental ecosystem by ensuring renters feel secure both financially and emotionally. We're redefining what peace of mind looks like in the rental space," said Travis Chan, Product Manager at Rently.
Details of the Insurance Coverage
The insurance provides comprehensive protection for the home, covering damage to household contents and renovations caused by incidents such as fire and burst water pipes.
Additional key coverage features include:
- Coverage of valuables, including jewellery and furs, up to S$1,000
- Temporary accommodation costs if the residence becomes uninhabitable
- Multi-appliance extended warranty under the highest plan tier, covering up to S$400 for the repair or replacement of appliances
The insurance also includes up to three complimentary emergency home care services per coverage period, each worth up to S$150. Services include locksmith, plumbing, electrical, pest control, and air conditioning maintenance services.
For full details of the complimentary insurance coverage offering, visit: https://www.rently.sg/solutions/tenants.
About Rently
Rently Pte Ltd is a Singapore-based platform that combines finance and property tech, dedicated to transforming the property rental market. Offering deposit-free rental options through its Rently Care subscription and providing integrated property management services via the Rently app, the platform ensures that property listings are accessible, flexible, and secure. Designed to connect potential tenants with landlords, agents, and enterprises in a seamless and effective way, Rently is committed to making the renting process more transparent, safe, and efficient. Rently is a subsidiary of REFIN Group Limited.