Increase your hire income in a recession

Sounds too good to be true, but CPA Hire Cover Plus insurance can deliver just that.

This insurance facility, exclusive to CPA members, can help you to attract new business whilst also increasing your earnings from existing cutomers.  So both client retention and growth in earnings, potentially from your one decision on plant hire insurance.

Until now, many of you may have had to turn business away because a new customer can’t or won’t insure your plant, or maybe an existing (and typically significant) customer doesn’t want to be responsible for loss or damage. However, CPA Hire Cover Plus now gives you the opportunity to solve these problems at no cost to you and even to make a profit in the process.

So, what is covered?

CPA Hire Cover Plus will insure you for:

  • loss or damage to your plant and for plant hired-in for re-hire and
  • your loss of hire charges, following loss or damage, that you were entitled,

if you have hired to your customer with a Loss or Damage Waiver.

The Waiver is an agreement between you and your customer which takes away the insurer’s usual right to recover their costs of paying you for loss or damage to the plant from your customer through enforcement of the CPA Hire Conditions.

Oval will assist you in setting up the waiver facility.

CPA Hire Cover Plus covers as standard any one item up to £100,000 limited to £200,000 any one occurrence.

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