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LACTii Introduces New Service for Rental Insurance Payments

In a significant step towards enhancing tenant security and improving property management efficiency, ELZ Support Co., Ltd, a company dedicated to supporting rental payment guarantees, has launched an innovative service called "LACTii." This new offering is designed specifically for tenants in rental housing, enabling a streamlined approach to the payment of home insurance premiums through a collaboration with SBI Japan Small Amount Short-Term Insurance Co., Ltd.

The initiative is backed by ELZ Support's partnership with Insight Co., Ltd, which provides payment processing services, ensuring that the collection of insurance premiums is integrated smoothly with rent payments. This integration allows real estate companies and landlords to receive payments efficiently, reducing the risk of unpaid insurance premiums, which can leave tenants vulnerable without necessary coverage.

About LACTii

LACTii not only aims to simplify the payment process for home insurance but also to enhance the overall reliability of rental agreements for all parties involved—tenants, landlords, and property managers. The collaborative framework established by ELZ Support, SBI Japan Small Amount Short-Term Insurance, and Insight enables automatic processing of rents and insurance payments, significantly reducing administrative burdens and potential payment delays.

• - Service Overview: The role of Insight is crucial as they handle collections from tenants, including the rent and home insurance premiums from SBI Japan, ensuring that funds are promptly sent to landlords and the insurance provider. This reduces the risk of gaps in coverage due to unpaid premiums, offering a more secure framework for landlords and peace of mind for tenants.

• - Advantages for Tenants: For tenants, the LACTii service reduces the anxiety that comes with managing multiple payments separately. With one streamlined process, they can ensure they remain compliant with their rental agreements while also keeping their home insurance up-to-date.

Company Background

SBI Japan Small Amount Short-Term Insurance Co., Ltd

Founded in June 1996 and headquartered in Osaka, this company specializes in providing short-term insurance solutions. Under the leadership of President Hisaya Inoue, SBI Japan has positioned itself as a trusted namesake in the insurance industry. With a focus on user-friendly and accessible insurance products, they aim to meet the needs of the modern consumer effectively.

Website: SBI Japan Small Amount Short-Term Insurance

Insight Co., Ltd

Established in February 2006 and based in Shinjuku, Tokyo, Insight is known for its expertise in payment agency and collections. Under the guidance of President Masahiko Sato, the company has developed robust systems to facilitate various payment processes, making them a pivotal player in the property rental market.

Website: Insight

ELZ Support Co., Ltd

Founded in July 2007, ELZ Support focuses on providing guaranteed rental payment systems, particularly aimed at assisting elderly tenants with their housing transitions. Managed by President Kiyoshi Fujita, ELZ Support has become an essential service provider within the residential rental sector, enabling safe and sound property management alongside support for tenants who require no-fuss relocations.

In summary, the LACTii service stands to revolutionize how rental insurance is managed within the rental ecosystem, providing a reliable, efficient, and secure pathway for all parties involved, and showcasing the collaboration between key players in real estate, insurance, and payment processing.