The American Lease Insurance Program protects covered equipment from external causes of loss, including the following:

• Fire
• Theft, including burglary, robbery by violence or threat, or illegal taking
• Windstorm, hurricane, tornado, cyclone, or hailstorm
• Flood
• Accidental damage
• Power surge
• Other causes of loss not excluded

Equipment is covered while located anywhere in the United States (including its territories and possessions) and Canada. While you and your business benefit from this insurance protection, the leasing or finance company is the only insured under the ALI program.

What’s not covered?