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MGA dedicated to Leasing & Finance Asset Valuation Insurance
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Products
Asset Valuation is a highly-specialized form of insurance products that are embedded into the balance sheet of a Leasing & Finance company.
Residual Value
The difference between the contractual value in the finance contract and market value at natural expiry.
Credit Default
The loss of residual value in case of a leasee's de facto, de jure or anticipated default.
Early Termination
The gap between the outstanding loan amount and the market value as of the termination.
End of Lease Costs
The excess wear and tear costs.
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