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Premier
Lease & Loan Services® Contingent & Excess Liability
Insurance for Equipment Lessors protects lessors from liability
exposure to bodily injury or property damage caused by leased equipment.
Specifically,
the coverage includes:
Lessor's
Contingent Liability: If a lessee is uninsured, your company
will have protection if named as a defendant in a legal action resulting
from an accident involving your equipment.
Lessor's
Only Excess Liability: If a lessee is underinsured, this policy
will protect your interest above a lessee's primary liability insurance
policy or above your company's contingent liability policy.
Features/Benefits
- Single
interest policy that includes coverage for defense costs
- Can
be coordinated with a lessor's insurance tracking system process
- Claims
are handled by an experienced claims staff
Eligible
Asset/Customer Class
- Commercial
Equipment Lessors
- Equipment
portfolios
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