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Chubb tie-up targets renters’ cover gap

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Chubb has partnered with property listings website rent.com.au to create a new home contents policy aimed at renters.

Rent.com.au CEO Greg Bader says the Renter Cover product combines his company’s knowledge of renters with Chubb’s insurance expertise.

More than half of renters in Australia have no contents cover, rising to 73% in the 18-39 age bracket. Renter Cover will become available during the first quarter.