In Japan, a joint guarantor is required when renting a privately-owned apartment. If it is difficult for international students to find a joint guarantor, SOKENDAI can be your joint guarantor on the condition that you satisfy the eligibility of purchasing the insurance run by Japan Educational Exchanges and Services (JEES) in Japan.
International students who are currently enrolled in SOKENDAI with 'Student' visa can purchase the insurance, and pay the insurance fee.
Since this insurance offers the limited coverage, please be sure to explain to real estate agency that you would like to make a lease agreement using this insurance.
1 year coverage: 4,000 yen (Insurance fee 2,500 yen, enrollment fee 1,500 yen)
2 year coverage: 8,000 yen (Insurance fee 5,000 yen, enrollment fee 3,000 yen)
You may also choose 6 months coverage (2,000 yen (Insurance fee 1,250 yen, enrollment fee 750 yen)) only if you extend the insurance coverage period.
Covered Person | Coverage | Insured Amount and Indemnity (Limit) | |
---|---|---|---|
Overseas travel insurance |
International Student | ① Foreign Students' Liability Insurance | Up to 50 million yen per accident |
② Insurance for disability resulting from an injury | Up to 2.4 million yen | ||
Guarantors' protection fund |
Guarantor | ③ Guarantors' legal liability |
Up to 300,000 yen(notes) (1)rent arrears up to three months (2)restoration costs of the rented accommodations up to 100,000 Japanese yen |
(notes) Compensation shall be the total amount of (1) and (2) not exceeding 300,000 Japanese yen
Step2:After your move-in request approved, you are required to submit the following documents to the department office. (Two weeks before the start of the lease agreement)
Step3:Receive a payment form sent by the Student Affairs Section through the department office. Pay insurance fee at a designated place as soon as possible.
Extension of coverage period/Request a joint guarantor to affix a seal on lease agreement/Move-out
If you wish SOKENDAI to continue to be your guarantor after the end of coverage period, you need to pay insurance fee for extension of coverage period before the coverage ends.
If you move out of the housing during an effective period of lease agreement, and want SOKENDAI to be your guarantor after moving into a new housing, the coverage is still effective.
*You can renew the insurance three months before the last day of the current insurance coverage.
Step1:Submit the following documents to the department office. (Two weeks before the last day of the current coverage period, or the start of the current lease agreement period)
Step2:Receive a payment form sent by the Student Affairs Section through the department office. Pay insurance fee at a designated place as soon as possible.
*Those who only extend the coverage period of the insurance do not need to follow 'Step 4'.
When you leave SOKENDAI due to graduation, withdrawal, or changing your 'Student' visa to others, the coverage will be terminated and SOKENDAI can no longer be your guarantor.
During an effective coverage period, if the above-mentioned change occurs, or you do not want SOKENDAI to be a guarantor for a new housing, you need to follow the procedures. Please notify your landlord if your guarantor has changed, or you move out of the housing.
Please note that if you cancel a lease agreement during an effective period, you might be able to receive a refund for the remaining coverage period.
Step1:Submit the following document to the department office (Two weeks before the expected date of cancellation)