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