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What is a “Form of Indemnity”?

Frequently Asked Questions

What is a “Form of Indemnity”?

The Form of Imdemnity covers both parties and ensures you follows the guidelines when it comes to people driving the vehicles and the insurance. You will be agreeing to only let people authorised to drive the vehicle, that they are insured and that they have the correct licences. We also ask that you provide fully comprehensive insurance for the vehicle and its for the correct value.

It also states on the form of indemnity that you are responsible for any damage that authroised persons may cause, whilst in their possession. As well as providing details where and when nesscesary when the person driving the car has received PCN’s, notices and parking fines.

It also tells you to report any accidents to the office as soon as possible and where needed the insurance company to ensure that claims are dealt with promptly.

Other FAQ's

How much is the delivery of the vehicle?

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Can I put a personal number plate on the car?

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Do you require a credit check?

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Can I reduce the mileage on my short term vehicle during the contract?

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Can I apply for a credit line?

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I’m a new start business can I apply?

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What is a cross company guarantee?

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Do I need to pay a refundable deposit on a short term vehicle?

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Can I lease a short term car through my business?

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What is a Directors Guarantee?

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Short Term Car Leasing Ltd t/a Cocoon Vehicles Ltd (06113683) is authorised and regulated by the Financial Conduct Authority (711074). We act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations.

If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk

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