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Insuring insurance

27th August 1992, Page 16
27th August 1992
Page 16
Page 16, 27th August 1992 — Insuring insurance
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Which of the following most accurately describes the problem?

• Operators whose leased trucks are written off in crashes often lose out because the settlement from their insurer covers only the replacement value of the vehicle — not their financial obligations for its rental.

The Cover Plus Commercial Insurance scheme from ACT Investments covers financial obligations including interest charges on vehicles on hire purchase, lease purchase, finance lease and operating lease to a limit of £12,000 — but cover is restricted to vehicles under six months old.

Contact 061-236 0742.

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