Sony Assurance Launches "Sony Shogaku Short Term Insurance's Fire Insurance for Renters (Contents Coverage)"

(This press release is issued jointly with Sony Assurance Inc.)

Sony Assurance Inc. (President and CEO: Takayuki Suzuki, Headquarters: Ota-ku, Tokyo, hereinafter "Sony Assurance") and Sony Shogaku Short Term Insurance Inc. (President and CEO: Hiroo Koizumi, Headquarters: Chiyoda-ku, Tokyo, hereinafter "Sony Shogaku Short Term Insurance") have begun selling "Sony Shogaku Short Term Insurance's Fire Insurance for Renters (Contents Coverage)" from July 1, 2026.

Background and Objectives

Sony Assurance's New Net Fire Insurance is for owner-occupied homes and cannot be contracted for rental properties. Therefore, to provide coverage to residents of rental housing, Sony Shogaku Short Term Insurance has developed "Sony Shogaku Short Term Insurance's Fire Insurance for Renters (Contents Coverage)" specifically for rental property customers.

This product, with the concept of "necessary coverage at an affordable premium," aims to reduce the burden of application procedures for customers when moving into rental housing and provide coverage necessary for living in rental properties more easily. By pre-setting the necessary coverage for various risks in rental housing life, it eliminates the hassle of choosing coverage and allows for simple contract procedures even on a smartphone. (*1)

(*1) This product is internet-only and can be contracted through a PC or smartphone.

Furthermore, this product was developed utilizing the expertise of Sony Shogaku Short Term Insurance, and with Sony Assurance's marketing capabilities, we aim to deliver necessary coverage to many customers.

Going forward, we will strengthen cooperation among the companies of the Sony Financial Group and form a strong scrum as a group to enhance the value provided to our customers.

Four Features of the Product

1. Reasonable Premium

As an internet-only product, the premium starts from an affordable ¥3,300 per year (*2), making it easy on household budgets.

(*2) This is the premium when the contents insurance amount is set to "¥500,000."

2. "Necessary Coverage" Carefully Selected for Rental Housing Life

In addition to coverage for damage to contents due to fire, water damage, theft, etc., it includes coverage for liability to the landlord (lessee's liability), liability to third parties due to everyday troubles (personal liability), and coverage for replacement costs when keys are stolen (door lock replacement cost), which are necessary for living in rental housing.

3. "Home Assistance Service" to Support Peace of Mind in Daily Life

It not only covers damage from fire and water damage but also provides solid support for daily life, including water supply and drainage troubles at home.

4. Application and Claims Settlement Can Be Completed on a Smartphone

From application to confirmation of contract details, and even the claims settlement procedure in the unlikely event of a claim, everything can be completed on a smartphone. (Procedures can also be done from a PC)

Product Overview (*3)

・Product Name: "Sony Shogaku Short Term Insurance's Fire Insurance for Renters (Contents Coverage)" (Policy Name: Comprehensive Living Insurance)

・Sales Start Date: July 1, 2026

・Coverage Start Date: Can be set within 90 days from the day after the application date

・Policy Period: 1 year (automatic renewal)

・Quotation/Application Page: https://www.sonysonpo.co.jp/fire/chintai/

・Coverage Details (Includes coverage for contents, liability to landlords and third parties, etc.)

◇ [Contents Coverage (Coverage for items in your room)]

Covers essential household items such as home appliances like TVs and refrigerators, furniture like sofas, clothing, and computers. It prepares you for various disasters and accidents in daily life, including fire, lightning strikes, windstorms, as well as water damage and theft.

◇ [Coverage for Landlords (Preparation for room repairs and liability)]

Provides solid coverage for legal damages to the landlord (lessee's liability) and costs for self-funded repairs to the rented room in case of damage to the rented room due to accidents such as fire or water damage.

◇ [Coverage for Third Parties (Preparation for liability to third parties)]

Provides preparation for legal liability to third parties due to accidents in daily life.

(*3) For details of the product, please check the "General Policy Conditions and Important Information Document."

[Reference Material: Premiums]

Handling Agent

Name: Sony Assurance Inc.

Address: 5-37-1 Kamata, Ota-ku, Tokyo 144-8721 Aromasquare 11F

Underwriting Short Term Insurance Provider

Name: Sony Shogaku Short Term Insurance Inc.

Address: Otemachi Building 4F FINOLAB, 1-6-1 Otemachi, Chiyoda-ku, Tokyo 100-0004

・"Sony Shogaku Short Term Insurance's Fire Insurance for Renters (Contents Coverage)" is an insurance product underwritten by Sony Shogaku Short Term Insurance Inc.

・Sony Assurance acts as an intermediary for concluding insurance contracts between customers and Sony Shogaku Short Term Insurance Inc., and does not have the right to receive notifications or the authority to conclude insurance policies.