FINANCIAL LOSS WARRANTIES

FINANCIAL LOSS WARRANTIES

Financial loss warranties for business customers

 

FINANCIAL LOSS IN A LEASING AGREEMENT

The best warranty in the case of an incident

The financial loss warranty gives you extra cover to supplement any insurance you have against accidents, theft and fires held by the renter. It covers any theft or total loss following a fire, accident or natural catastrophe

 

› The service is available to driving schools, ambulances and patient transfer vehicles.

 

It covers:

 

  • The difference between the cancellation fee in the contract and the expert-assessed value
  • Reimbursement of the excess of your vehicle insurance for all risks up to €720
  • Up to €1,100 compensation per incident for damages to your vehicle's accessories

 

Advantages

 

  • Easier  to renew your vehicle
  • Simplified incident management
  • Preserved cash flow

 

Sign-up

 

  • Fees calculated based on purchase price (excl. taxes), minus depreciation, plus options, accessories, modifications and car registration document (if it is part of the financing arrangement)
  • Exclusions: short-term leases, sub-lets to a third party, hauliers not covered by NAF codes 4941A and 5229A
  • Vehicle insurance covering all accidents, theft and fire is obligatory

 

 

WITHOUT financial loss warranty WITH financial loss warranty

 

 

 

Option to buy vehicle for €18,000 (excl. taxes)

 

 

 

 

€3,000 for you to pay

 

 

15.000 €

 

Reimbursement by your insurance after an accident

€3,000 covered by the financial loss warranty



+



Reimbursement of the excess



+



Compensation for accessories



15.000 €



Reimbursement by your insurance after an accident

 

Legal disclaimer

Based on the current warranty conditions provided by PSA Insurance Europe Limited
 

The optional group insurance policy "Sécurité Remplacement" (SR) is provided by CREDIPAR on behalf of PSA Insurance Europe Limited, a non-life insurance company, registered in Malta under the number C68963, headquartered in the Mediterranean Building, 53 Abate Rigord Street Ta’ Xbiex, Malta, and authorised by the MFSA Malta Financial Services Authority,– Notabile Road, Attard BKR 3000, Malta, to provide insurance services in compliance with the Insurance Business Act, and to operate freely within France. CREDIPAR, SA with a capital of 138,517,008 euros, RCS Nanterre 317 425 981, 9 rue Henri Barbusse 92230 GENNEVILLIERS, n° ORIAS 07004921(www.orias.fr). Credit institution authorised by the French Prudential Supervision and Regulation Authority (ACPR) 61 rue Taitbout, 75436 Paris Cedex 09.

 

 

 

 

FINANCIAL LOSS WARRANTY IN FINANCE LEASING

The financial loss warranty is supplementary to the loss/accident insurance that you have signed up to with your insurer.

 


It covers any theft or a total loss following a fire, accident or natural catastrophe

 

It covers:

 

  • The difference between the option to purchase amount (excl. taxes) on the date of the incident and the expert-assessed valuet
  • Reimbursement of the excess of your insurance for all risks up to €800
  • Up to 20% reimbursement of your higher first lease payment (excl. taxes)
  • Payment of a loyalty bonus if there you take out a new finance agreement within 90 days

 

Advantages

 

  • Easier and faster to get a new vehicle
  • Simplified incident management
  • Preserved cash flow

 

Sign-up

 

  • Fees calculated based on purchase price (excl. taxes), minus depreciation, plus options, accessories, modifications
  • Vehicle insurance covering all accidents, theft and fire is obligatory

 

 

WITHOUT financial loss warranty WITH financial loss warranty

 

 

 

 

Option to buy vehicle for €18,000 (excl. taxes)

 

 

 

 

€3,000 for you to pay

 

 

15.000 €

 

 

Reimbursement by your insurance after an accident

€3,000 covered by the financial loss warranty



+



Loyalty bonus



+

Reimbursement for excess

 

 

15.000 €



Reimbursement by your insurance after an accident

 

OPERATING LOSS WARRANTY

The operating loss warranty covers you for any loss of turnover incurred due to an incident that immobilises your business vehicle.


Mitigate the financial impact for your company until you can resume your business activities.

 

It offers coverage in the case of:

 

  • Mechanical, electric or electronic breakdown
  • Accidents
  • Theft
  • Total vehicle loss

To receive compensation, it is sufficient that:

 

  • Your vehicle is immobilised for a duration of more than 4 hours
  • Your vehicle needs repair work
  • Any maintenance has been carried out according to the manufacturer's instructions
  • The immobilisation of the vehicle is the result of an accident or breakdown (excluding the replacement of wearing parts)

 

Advantages :

 

  • Compensation for lost turnover
  • Higher compensation if the vehicle is repaired within the PEUGEOT network
  • The premium amount is built into the lease arrangement: one simple payment
  • Unlimited payments

 

 

 

BUSINESS CONTENTS WARRANTY

The business contents warranty protects your goods from any damage they incur during your trips.

 

Coverage:


This warranty covers the replacement value of personal goods, materials, tools and merchandise that is accidentally damaged or stolen during:

 

  • Transport;
  • Loading into, or within, a vehicle;
  • Unloading out of, or within, a vehicle.

 

Advantages :

 

  • Optimal protection of work tools
  • Preserve your capital
  • The premium amount is built into the lease arrangement: one simple payment