Residual Value Insurance
Summary
Residual value insurance is used to guarantee the value of an asset at a specific date in the future. It is frequently applied to transactions involving automobile fleets, aircraft and real estate.
-
- Description of items
- Value of Items
- Profile of Company
-
Covers value of asset at a date in future- (Future Contract Concept in finance).
-
- Details regarding Bank/Leasing Company
- List Price
- Projected sales
- Credit Rating of the leasing company/bank
- Product Brochures
- Profile of Company