Employers have the option to include or exclude insurance as part of the benefit.
These are:
- Mandatory for all employees- all lease orders will automatically include insurance
- Optional for all employees - all lease orders can either include it as part of the order through ECS. Or they can source their own cover
- Excluded - all employees must source their own insurance provider
It is also possible the company already has an insurance policy arranged with another provider and may choose to offer this to their employees. It is then the responsibility of the employer to ensure insurance is in place for the employee.
Insurance through Lloyd Latchford
Should the company decide to include insurance as part of the package for salary sacrifice, the Electric Car Scheme will organise this. We are partnered with insurance broker Lloyd Latchford. Although it is fleet cover, the employee will be notified directly and will receive a certificate of motor insurance.
The monthly insurance cost will be listed on our monthly invoices and should be taken as part of the employees salary sacrifice amount.
Insurance for Subscription Vehicles
Please note that insurance is included with all subscription vehicles and is built into the monthly subscription cost.