tlyfe partners with Paragon Advance to offer tenants comprehensive insurance to replace valuables and protect against accidents and damage to fixtures and fittings that may not be covered by their landlord. 

January 2023, the continuing cost of living crisis has seen many tenants struggling to keep pace with spiralling rental costs, making the role of tenant insurance even more important, protecting valued possessions and property damage! 

Since their launch in December OpenBrix has seen a surge of sign-ups to their tenant lifecycle app tlyfe, demonstrating huge market potential for tenants looking to take control of their complete property lifecycle.  

To add to the array of existing features and benefits, tlyfe has now partnered with Paragon Advance to offer tenants a suite of insurance products designed to protect personal belongings and also plug any gaps that may not be covered by their landlord’s insurance, providing additional cover for accidents and damage to fixtures and fittings. 

Recent statistics show that a typical UK tenants personal belongings can be worth as much as £20,000. Ensuring these valuables are protected, especially during tough economic times, is incredibly important and helps protect any further loss of earnings to replace items further down the line. 

In addition to protecting personal belongings, tenants are often not aware they are, in many cases responsible for damage to the landlords fixtures and fittings. Without the right insurance in place, this could result in the loss of deposits and further financial heartache at the end of their tenancy. 

To help ensure tenants are protected Paragon Advance are offering a 10% discount to all new policies that come via tlyfe users, adding further value to the app’s existing string of features and benefits! 

Speaking on behalf of OpenBrix, CEO Adam Pigott said ‘We are thrilled to announce our partnership with Paragon Advance, adding tenant insurance to our portfolio is a huge win for tenants as we expand further the breadth and depth of features and benefits within tlyfe. Tenants are under huge pressure today and helping to future proof their property journey with complete protection should give immense peace of mind’

Speaking on behalf of Paragon Advance, Managing Director Bryn Cole added ‘We are really excited to be part of the tlyfe journey at OpenBrix, we see huge value in the partnership and creating additional value add to their users, especially during these challenging times.’