Contractual Liability Insurance Product (CLIP) coverage provides equipment protection that is designed to replace or wrap around the manufacturer’s warranty. Available for manufacturers, project owners, and developers, this product provides comprehensive protection.
Target Risks
Solar Panel and Equipment Manufacturers and Project Developers
Available Coverage
- Delamination
- Moisture
- Power Generation
Product Highlights
- Carriers are A.M. Best A rated or better
- Available for risks worldwide
- Data collection and analysis for entire lifecycle of product
- Online access to program and product performace information
- Program managers have deep product warranty insurance experience
Parameters
- Up to 5 years of replacement coverage (additional terms considered subject to additional underwriting)
- Wraps around or replaces manufacturer’s warranty
- Terms and limits can be tailored to virtually any risk
