Rent decrease due to new corona impact New insurance for owners Sompo Japan July 3 5:22


A number of restaurants and retail stores are making it difficult to pay rent due to the new coronavirus. Sompo Japan, a major non-life insurance company, has created a new insurance policy that pays insurance money to the building owner when rent income decreases.

The number of restaurants and retail stores where sales decline due to the impact of the new coronavirus and rent payments become difficult, and the government is incorporating rent support into its economic measures.

Sompo Japan will sell new non-life insurance from next month, as the management of building owners and management companies will become difficult if the rent cannot be paid.

It is the first time for a store in a building to be insured to compensate for damage if the rent income is reduced due to a virus closing the store, so a general contract covers about half the rent income for up to 3 months. I am paying for it.

Amid continuing cautions against the second wave of the spread of infection, Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance Co., Ltd. are planning to sell non-life insurance that pays insurance to restaurants etc. that have been closed and whose income has decreased from next year, There is a continuous development of insurance against the risk of infection.