Loss of income resulting from non-payment of instalments for leased motor vehicles

BULSTRAD VIENNA INSURANCE GROUP covers loss of profits of the insured, suffered as a result of non-payment of installment/s on the part of the lessee under a leasing agreement.

The sum insured is limited to the total amount of installments, deferred for payment by the client during the respective insurance period, excluding the down-payment, reduced with a certain number of installments, depending on the particular repayment schedule, applied by the insured.

Under this insurance BULSTRAD VIENNA INSURANCE GROUP applies a 10% deductible on the amount of each loss.