Without insurance cover during the term of a lease, the loss or damage to unprotected equipment can prove costly both to you and your customer’s business. Our Equipment Insurance automatically covers leased equipment against physical loss or damage from the day a lease is activated – offering equipment lessors a comprehensive solution to their insurance and outsourcing needs.
The Equipment Insurance programme is designed to enhance existing finance products and services with:
- Automatic coverage from the time of lease origination – i.e., the lessee is given the choice of insuring the equipment under this policy or providing proof of their own insurance
- A wider range of cover than most standard insurance policies
- A unique claims process – with no forms to complete
- Replacement or repair of equipment in a matter of days, with little or no disruption to your customer’s business
- A highly professional customer service team to manage the ongoing relationship with your customers
- No excess or franchise to be paid in the vast majority of cases
- Protect your portfolio
- Generate additional fee income for you
- Improve your productivity through outsourcing your insurance administration
- Solutions for working in a regulated environment
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