RealPage, Inc. (Nasdaq:RP) announced the introduction of involuntary unemployment insurance, giving residents of apartments and property owners rent protection in the event of an unexpected job loss. RealPage launched the new involuntary unemployment insurance (IUI) endorsement in February, adding the policy coverage to its flagship eRenterPlan renter's insurance product, offered through its LeasingDesk insurance services subsidiary. The IUI endorsement is the company's latest move to deliver innovative and affordable insurance products that match an apartment resident's lifestyle and mitigate cost of risk to owners.
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