CNH Industrial Capital, CNH’s Industrial’s captive financial provider, has partnered with Assurant, a business services company. As part of the mandate, CNH industrial dealers in the US will be able to offer multiple protection and insurance products to their customers.
CNH Industrial is an equipment and services company that operates under its global and regional brands, including Case IH, New Holland Agriculture and New Holland Construction.
Assurant Commercial Equipment has more than 30 years of equipment protection expertise and provides a suite of protection services.
CNH’s dealer's new product offerings will include purchased protection plans, which protect covered equipment beyond the manufacturer’s base warranty period and physical damage insurance, which provides coverage to repair or replace equipment in the event of direct physical loss.
The new product offering also includes a rental damage waiver, which helps protect against bills for major repairs.
Commenting on the proposed mandate, Douglas MacLeod, president of CNH Industrial Capital. says: “Our partnership with Assurant, alongside a new service model, combines the expertise and support of an established, best-in-class equipment protection and insurance product provider with our deep experience in catering to the needs of agricultural and construction equipment buyers.”
