Is a refundable deposit hold the same as collecting the deposit?

Life4Rent Protect is not an insurance policy. Review the applicable plan, fee, reimbursement limit and exclusions before booking; reimbursement is discretionary, not guaranteed.

Check the refundable deposit separately from the rental price. A hold is not collection, and release is not bank receipt. Optional protection must not be described as insurance.

Is a refundable deposit hold the same as collecting the deposit?

Frequently asked questions

Life4Rent Protect is not an insurance policy. Review the applicable plan, fee, reimbursement limit and exclusions before booking; reimbursement is discretionary, not guaranteed.

No, a hold is distinct from collection. Additionally, release of a hold does not mean a bank receipt. Ensure any optional protection is not referred to as insurance.