What Is Total Protection Plus? |
Total Protection Plus is designed for customers in industries typically thought of as high risk. TPP provides our customers with safe, secure and insured protection for 100% percent of the initial purchase price so that you can purchase Technology Packs with confidence.
You are automatically registered with Total Protection Plus when you purchase an APEX Technology Pack through RLA.
A portion of your purchase price is used to pay your premiums in full, removing any risk of lapse of coverage. Once purchase is complete, RLA will hold on your behalf an insurance card with the binder number your policy is under.
The policy belongs to you and is 100% in your control!
One of the many benefits you have from using TPP is the ability to choose from multiple redemption options at different intervals of 5 or 10 years which provide you with flexible liquidity based on future financial needs.
You are automatically registered with Total Protection Plus when you purchase an APEX Technology Pack through RLA.
A portion of your purchase price is used to pay your premiums in full, removing any risk of lapse of coverage. Once purchase is complete, RLA will hold on your behalf an insurance card with the binder number your policy is under.
The policy belongs to you and is 100% in your control!
One of the many benefits you have from using TPP is the ability to choose from multiple redemption options at different intervals of 5 or 10 years which provide you with flexible liquidity based on future financial needs.
What Else Should I Know About Total Protection Plus? |
What Is Total Protection Plus (TPP)?Total Protection Plus is a division of UIU, United International Underwriters, a global insurance brokerage firm, and has brought to market the first of its kind 'product protection plan' for customers in industries typically thought of as high risk. Total Protection Plus provides our customers with Safe, Secure and Insured protection for 100% of your initial full purchase price.
How Do I Know TTP Will Always Be There?This is a 100% insured Program, with a consortium of Investment Grade insurers to insure its obligations, subject to all terms, conditions and restrictions of that insurance policy. In simple terms TPP pays the premium at point of sale from its proceeds to ensure the funds are guaranteed. In the unlikely event that the sales company or TPP are no longer in business, your Option is protected and guaranteed by the insurance, and your option will remain in place and available to you under the same terms and conditions. |
How Does TPP Work?You are automatically registered with Total Protection Plus when you purchase your product and confirm your enrollment. At this time the premiums for your individual product protection plan are paid in full removing the risk of lapse of coverage. Now the policy belongs to you, the customer, and is 100% in your control. Total Protection Plus gives you the benefit of selecting from multiple redemption options at different intervals to meet your specific needs. What Are Some of The Benefits of Using Total Protection Plus?Total Protection Plus provides you with Safe, Secure and Insured protection for 100% of your initial full purchase price. Rest easy in the knowledge that we will pay you 100% of your full purchase price after the term agreed to per your contract.
Additionally, should the owner of the policy pass away, your Buy Back Option will be transferred to your heirs along with the program/investment that it is associated with. These would be considered a Permitted Transferee and this would be handled by RLA and TPP on your behalf. |
Who Backs Total Protection Plus?Total Protection Plus is a subsidiary of UIU, United International Underwriters, a global insurance brokerage firm. The Total Protection Plus Program is insured and reinsured only by insurance companies that maintain an 'Excellent' financial strength credit rating by third party monitors such as AM Best, Moody's and Fitch. Our Insurers have been in business up to 125 years and are globally recognized. Once you are registered you will receive an Insurance card with the binder number your policy is under.
Why Would Someone Provide This Protection?The Total Protection Plus plan model is known in the insurance world as a 'premium finance' model. It works very similarly to a Term-Life insurance plan but functions as a property/casualty policy. The insurance company collects all the premiums up front, with no obligation on those funds for a term up to ten years. They can leverage those premiums into bonds and sell them on the open market 'Wall Street' creating profitability above and beyond the totality of the obligation. |
