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Premier Lease
and Loan Services offers a broad range of insurance products and
outsourcing solutions to meet the needs of equipment lenders and
lessors. We develop creative and flexible programs that provide
risk management, fee income and product enhancement benefits.
Automatic
Insurance
A form of creditor placed (collateral protection) insurance providing
equipment lenders and lessors with a comprehensive solution to their
insurance and outsourcing needs.
Blanket
Property Insurance
A form of blanket single interest (VSI) insurance providing property
coverage on the entire leased equipment.
Contingent
& Excess Liability Insurance - Equipment Leasing
Protects lessors from liability exposure to bodily injury or property
damage caused by leased equipment.
Contingent
Physical Damage
Protects the lessor or lending institution in the event that the
lessee's primary physical damage insurance is cancelled or is inadequate
to cover the lessor's loss.
Point
of Sale Equipment Protection & Lease Enhancement
Protects both the lessor and lessee from financial loss in the event
of accidental damage to the leased equipment.
Residual
Value Insurance for Equipment Portfolios
Residual Value Insurance protects the difference between projected
residual values and actual residual values of equipment returned
to an equipment financing company at contract termination.
Collateral
Tracking and Outsourcing Services
Premier Lease and Loan Services provides this service to proactively
manage liability insurance verification for leases and physical
damage verification for equipment loans and leases.
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