Blanket portfolio protection of commercial loan or lease collateral without the need to monitor insurance.
Features
Uninsured physical damage and theft coverage, with no insurance tracking required
High limit of loss available
Covers all types of commercial equipment / collateral and business lease assets
Simple monthly or annual premium
Benefits
Blanket portfolio protection of various commercial loan collateral or leased assets
Eliminates insurance tracking resulting in internal cost savings
Shields the lender from an unexpected and significant write-off
Types of Collateral Covered
Truck/Equipment
Construction
Excavation
Agricultural
Medical / Dental
Computers / Telecom
Office Furniture / Equipment
Fitness & Sports
Dry Cleaning
Retail Fixtures
Restaurant
Specialty Tools
Maintenance
Entertainment
Livery / Delivery
Landscaping
Raw Materials
Landscaping
Manufacturing
Printing
Auto Repair
Audio Visual
Logging
Milling
Machining
Inventory