What is Lease Cover Credit Insurance?

Lease Cover Credit Insurance provides protection against the risk of non-payment of instalments under leasing agreements. Non payment could occur due to your customer becoming insolvent, not paying
an instalment when due or unable to pay an instalment due to political risks or natural disasters.

 

What does it cover?

Lease Cover Credit Insurance can cover all types of lease including both operating and financial
leases such as equipment leasing. It can cover any length of leasing agreement for up to 5
years against both commercial and political risks, for lessees in the UK and aboard.

 

What is the benefit to my business?

Having a policy in place means that you can safely grow your business by working with new customers or in new markets that you may have previously deemed too high risk. You can also take on new opportunities with existing lessees where you have reached maximum internal exposures, as well as potentially securing funding on better terms for the duration of your lease agreement.

 

What does a policy cost?

Every policy is bespoke to fit a company’s specific needs and as specialist brokers, Acumen
Credit Insurance Brokers Ltd have access to the whole market and will carry out a thorough
review to ensure that your specific requirements are met at the best price.

 

 Download Lease Cover Credit Insurance Brochure