Make sure your equipment is protected
The last thing we want is for anything to happen to the latest addition to your business. As owners of the equipment we require that it is insured and protected should the worst happen.
What are my options?
There are two, we can cover the equipment in our Equipment Protection or you can insure it, it's that simple. More details of this can be found in your Welcome Pack.
Equipment protection
We can arrange equipment protection for your equipment here at Grenke. Should we not receive proof of your insurance within 4 weeks of the start of your agreement, we will automatically insure the equipment. This will be insured with a reputable insurance company, and we will pass this cost on to you.
Your own insurance
You can arrange for the equipment to be placed on your own insurance. You have 4 weeks from start of the Agreement to arrange this. We will need written proof from your insurer.
Cancellation of equipment protection
If you have your own insurance and wish to cancel your Equipment Protection with Grenke, simply let us know. The period for which the equipment was in situ to the time your insurance is active on the equipment will need to be paid. Switching is fine with us, as long as the equipment is insured.
Equipment protection invoicing schedule
We will include an invoice for our annual cover (pro-rated for agreement taken out after 1 January) in your Welcome Pack. Afterwhich, each year of your lease with Grenke, an invoice is issued for the annual cover in December.
Make a claim
In the event that the equipment is damaged or lost, you will need to notify Grenke immediately and complete a Notification of Loss Form.
