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Solar Insurance Service Contract

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About <strong>Solar</strong> <strong>Insurance</strong> & Finance<br />

<strong>Solar</strong> <strong>Insurance</strong> & Finance is a worldwide<br />

operating, independent insurance broker<br />

with full focus on insurance for PV installa-<br />

tions. Our extensive knowledge of the solar<br />

market results in insurance solutions that<br />

perfectly meet our customers’ wishes, for<br />

example our <strong>Solar</strong> PV <strong>Insurance</strong> with option<br />

‘Inherent defect and warranty’.<br />

<strong>Solar</strong> <strong>Insurance</strong> & Finance offers insurances<br />

for PV owners, manufacturers, installers,<br />

project developers and investors. Our insur-<br />

ances are backed by leading European in-<br />

surers with an A rating.<br />

Address: Mr. B.M. Teldersstraat 11G<br />

6842 CT Arnhem<br />

The Netherlands<br />

P.O. Box 4192<br />

6803 ED Arnhem<br />

The Netherlands<br />

Contact: + 31 (0)26 711 50 50<br />

info@solarif.com<br />

1. Company Profile <strong>Solar</strong> <strong>Insurance</strong> & Finance<br />

2. <strong>Solar</strong> PV <strong>Insurance</strong><br />

3. <strong>Solar</strong> PV <strong>Insurance</strong> Online<br />

4. <strong>Solar</strong> PV <strong>Insurance</strong> <strong>Service</strong> <strong>Contract</strong><br />

5. Option ‘Inherent defect and warranty’<br />

www.solarif.com<br />

<strong>Solar</strong> PV <strong>Insurance</strong><br />

<strong>Service</strong> <strong>Contract</strong>


For your customers, their PV installation is a<br />

valuable possession.<br />

Unfortunately, it can occur that their PV in-<br />

stallation becomes damaged or gets stolen.<br />

Replacing or repairing the PV installation<br />

involves costs that your customers may not<br />

have accounted for. Moreover, their installa-<br />

tion does not produce energy in the repair<br />

period and your customer will lose revenue.<br />

As an installer, you can secure your custom-<br />

ers’ investment and revenue by offering a<br />

service contract for cleaning, repairs and<br />

maintenance with a <strong>Solar</strong> PV <strong>Insurance</strong> from<br />

<strong>Solar</strong> <strong>Insurance</strong> & Finance.<br />

<strong>Solar</strong> PV <strong>Insurance</strong> <strong>Service</strong> <strong>Contract</strong> covers<br />

damage caused by weather conditions, fire<br />

and theft and compensates the loss of pro-<br />

duction.<br />

You can extend the insurance with the op-<br />

tion ‘Inherent defect and warranty’, that<br />

backs up the warranty, even if the manufac-<br />

turer no longer exists.<br />

<strong>Solar</strong> PV <strong>Insurance</strong> <strong>Service</strong> <strong>Contract</strong><br />

The <strong>Solar</strong> PV <strong>Insurance</strong> <strong>Service</strong> <strong>Contract</strong> compensates:<br />

1. Costs from material damage due to external causes, e.g.<br />

Natural forces such as hail, snow pressure, frost, wind and storm<br />

Theft and vandalism<br />

Lightning strike, overvoltage, induction and fire<br />

Gnawing of cables by animals<br />

We compensate new materials, labor costs and call out charges. We<br />

also compensate additional costs, such as costs for detecting and<br />

locating the damage and transport and storage costs of parts that<br />

have to be repaired elsewhere.<br />

2. Loss of production<br />

If your customers’ installation is decommissioned due to a damage,<br />

you receive a compensation for the loss of production for a maximum<br />

of 26 or 52 consecutive weeks, with which you can compensate your<br />

customers’ loss of production.<br />

April - September € 2.50 per kilowatt peak installed capacity<br />

October - March € 1.50 per kilowatt peak installed capacity<br />

Option ‘Inherent defect and warranty’<br />

You can extend the <strong>Solar</strong> PV <strong>Insurance</strong> and the <strong>Solar</strong> PV <strong>Insurance</strong> Ser-<br />

vice <strong>Contract</strong> with the option ‘Inherent defect and warranty’. With this<br />

your client is covered against damage caused by an inherent defect from<br />

your solar modules (up to 20 years) and inverters (up to 7.5 years).<br />

You are also covered within the warranty period in case you have a<br />

legitimate claim and the manufacturer no longer exists because of bank-<br />

ruptcy, rejects the claim or disputes his liability. This option is only avail-<br />

able by use of <strong>Solar</strong> <strong>Insurance</strong> certified materials. Read more about this<br />

option in our brochure Option Inherent defect and warranty.<br />

Why should you choose our insurance?<br />

<strong>Solar</strong> <strong>Insurance</strong> & Finance is market leader in the solar insurance indus-<br />

try. We offer the best insurance solutions for PV installations. The bene-<br />

fits for you as an installer:<br />

A service contract provides you with a long-term relationship with<br />

your customers and a continuous source of income<br />

With a <strong>Solar</strong> PV <strong>Insurance</strong> <strong>Service</strong> <strong>Contract</strong> you provide your custom-<br />

ers with an extra service compared to other installers<br />

You are insured, not your customers. In case of a damage, you are<br />

compensated for labor, materials and call out charges<br />

The benefits for your customers:<br />

With a service contract your customer does not have to worry about<br />

his installation: maintenance, repairs, cleaning and insurance are all<br />

taken care of<br />

A <strong>Solar</strong> PV <strong>Insurance</strong> <strong>Service</strong> <strong>Contract</strong> provides your customer with a<br />

complete cover for the total installation (modules, inverters, mounting<br />

materials and cables)<br />

A <strong>Solar</strong> PV <strong>Insurance</strong> <strong>Service</strong> <strong>Contract</strong> provides your customer with<br />

optimal security and reassurance, because all external causes that<br />

can damage the installation are covered

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