What if the lessee does not insure the leased object?

If the lessee does not insure the leased object, UniCredit Leasing will do it on their behalf. In this event, the client shall pay the premium as well as a fine as stated in the agreement.

Is it possible to insure the risk of an interest rate increase?

In cooperation with UniCredit Bank, UniCredit Leasing offers its clients the possibility of insuring against the risk of interest rate increases. The product is called CAP and it is usually used for projects exceeding 500,000 in value. The client can obtain coverage against a rate increase by paying a fee.

What amount should the lease object be insured for?

Insurance should cover the total value of the object (including VAT).