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Renter Guarantor Insurance in France - What You Need to Know

In France, it is compulsory for many property owners to take out landlord insurance to provide cover a missed rental payments by all the tenants. This landlord insurance distribution, called the guarantee of unpaid rents (GLI), is intended to protect property owners in the event that the tenant(s) fail to pay one month's rent. In this article, we will explain in detail how the GLI works in France.