The Student Guarantor’s guarantee runs for an initial 12-month term, then renews automatically in 6-month Continuation Periods for as long as your tenancy continues, so your cover does not lapse — it is not a monthly subscription product. Before each renewal we send a Continuation Notice at least 30 days ahead with the next period’s fee, and you can decline at any time before we collect it. Instalment payment options may also be available at checkout through our payment provider.