Protecting your assets and your family is critical.
Events such as illness, disability, or death can leave you and your family with financial burdens that affect your business. The last thing you need to worry about at a time like this is how your equipment lease will be paid. The Connect Lease Payment Protection Insurance Program (PPIP) ensures your lease payments are paid during an illness or disability, or paid out in the event of death.
We offer four protection packages to best suit your business needs:
In the event of premature death, your remaining lease payments would be paid out. Rest assured that should a tragic accident occur; your loan or lease is covered, giving you peace of mind from the worry of potential financial burden to your family.
Combined with the Life Coverage, in the event you are diagnosed with life-threatening cancer, heart attack or a stroke, the Critical Illness coverage will pay out your remaining lease payments, allowing you to focus on making a full recovery.
Coverage provides protection for your monthly payment obligations, for a maximum of 6 months per occurrence, for covered accidental disabilities. Additionally, in the case of premature death, Life Plus will pay the insured portion of the remaining lease payments, providing peace of mind to ensure your assets remain with your loved ones.
In the event of an insured accidental disability or illness related disability, total disability coverage will pay the insured portion of your monthly payments until you are ready to return to work.