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. This makes it an effective product for managing asset value risk as well as achieving favorable accounting compliance methods for your company.

Our Residual Value Insurance program for equipment financing institutions can be utilized for Leases, Balloon Loans, and Buy-Back Option Contracts. Entire portfolios and larger ticket equipment transactions can greatly benefit from our Residual Value Insurance protection.
Current Residual Value Insurance clientele include financial institutions, leasing companies and equipment manufacturers.

Features

1. Custom-tailored, creative product structures
   
2. Direct contact with a Product Manager during contract development and term of policy
   
3. Strong after-sale support including data analysis and industry insight
   
4. Sophisticated data reporting, billing and database management
   
5. Access to S&P AA/AAA rated reinsurance carriers for securitization needs
   
6. Cash reserve reduction, improved yield at securitization from high rated insurance

Benefits

1. Accounting Compliance
   
2. Accelerated Earnings
   
3. Risk Transfer
   
4. Shared Partnership in Managing Risk
   
5. Catastrophic Asset Risk Protection
   
6. Portfolio Risk Management
   
7. Asset Securitizations
   
8. Cash Flow Smoothing
   
9. Consultative approach to help determine your company's goals minimizes insurance costs
   
10. Ability to meet your needs for regulatory requirements

This product is underwritten out of our Home Office in Cincinnati. As a service, FIS will assist our agents in: making contact with the Underwriter, obtaining an Application, and presenting submission material for review by the Underwriter.