Under the terms of a lease agreement, all assets subject to a lease need to be insured. Often, the finance company will add this insurance onto the lease repayment and charge you directly for this.
WestWon are able to help organise insurance for your organisation via a number of long term relationships we have. If you have any concerns regarding insurance or require any further information, please speak to a member of our team now.
Insurance loans example
Large building company
£800,000 of mobile tablet devices
Circa £50.00 insurance cost per device
Over 1,200 employees have access to a mobile device in the field, they get damaged and broken on a weekly basis