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Insurance Service
It is legal requirement under the Solutions rental or lease agreement that the equipment be insured for the duration of term of the relevant contract. Solutions can arrange comprehensive insurance cover to protect leased assets against theft and accidental damage.

The cover is specifically designed for electronic and mobile equipment and is more extensive than normal cover under general Business Insurance Packs and ISR policies.

Solutions Asset Management is a Corporate Authorised Representative of IT Insurance Services Pty Ltd (AFS License No: 238815) and able to arrange electronic equipment cover for computer and digital equipment.

Features and benefits include:

Cover for Physical Loss, Theft or Damage - including Accidental Damage
 
Coverage anywhere in Australia including in transit
 
Cover outside Australia for up to 28 days for any one trip; this can be extended on application
 
New for old coverage up to the insured value of the lost equipment
   
Low excess, (typically $100 - $250), ensuring users are not inhibited in claiming
   
Guaranteed premium for the life of the lease (up to 5 years), ensuring total cost of ownership of the asset is budgeted up front
   
Specialised cover for mobile assets, including notebooks, PDA's and Blackberries

The Solutions Accidental Damage & Theft Insurance Policy is provided through IT Insurance Services and underwritten by Chubb Insurance Co of Australia (AFS License No: 239778), an A++ rated and licensed insurer. In line with Chubb's claim philosophy, ITIS normally approves claims within 48 hours.

Cover is applicable to a wide range of equipment, and different excess plans are also available. Insurance can be incorporated into your repayments, which can also be tax deductible. Standard pricing applies throughout Australia and New Zealand regardless of claims experience. The cover is regarded as the broadest in the market place, with simple application and claim lodgment procedures.

ITIS supports the General Insurance Code of Practice, a self-regulatory code that sets standards for the conduct of general insurance business in Australia. These standards include appropriate procedures for resolving any complaint or dispute that could occur.
With Solutions insurance, the uncertainty of self-insurance is removed, and the hassle of noting financier's interest in blanket policies is no longer necessary. Terms and conditions do apply.

Please contact us for more detailed information.

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