Equipment Lending and Leasing
 

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.


This page was last updated on July 14, 2003
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