Find an EV
+44 20 8012 8190
Early Termination Insurance
Electric Car Salary Sacrifice

Early Termination Insurance

Safeguarding employers from long-term financial commitments related to electric car salary sacrifice schemes.
Electric Car Salary Sacrifice

Early termination protection

Early termination insurance (ETI) provides a safety net for employers engaged in electric car salary sacrifice schemes, covering scenarios like employee terminations and extended leave. This protection ensures that changes in employee circumstances don’t translate into financial liabilities for the employer.

Connect with us: Learn about EcoMute programme and our approach to mitigating early termination risks, by calling 020 8012 8190 or sending us an email.

Benefits of Choosing Early Termination Protection

Mitigate financial risks associated with unforeseen events like resignations, redundancies, or extended leave. Our EcoMute early termination charge (ETC) service eases early termination concerns, facilitating hassle-free vehicle returns without financial penalties for prematurely ending contracts.

ESFA GUIDANCE

Are you an Academy Trust? Our EcoMute electric car salary sacrifice scheme for academy trusts, is designed with zero financial risk. Our innovative approach means our scheme doesn't require ESFA approval, ensuring a seamless implementation. Perfect for trusts aiming to support staff in transitioning to electric vehicles without the worry of financial liabilities or complex approval processes.
Managing risks

Mitigating financial liabilities 

Our EcoMute early termination charge (ETC) service covers a wide range of circumstances, protecting your organisation and mitigating residual, remaining financial liabilities where early termination charges might typically apply.
  • Resignation

    Voluntary termnation

    Resignation
    Early termination protection mitigates financial risk when an employee resigns, covering the cost of remaining lease payments and avoiding sudden financial liabilities from unfulfilled lease agreements.
  • Dismissal

    Conduct or Performance Exit

    Dismissal
    For dismissals, it safeguards against the costs of early termination due to conduct or performance, covering potential lease payments and maintaining financial stability despite workforce changes.
  • Redundancy

    Employer-Initiated Exit

    Redundancy
    In cases of redundancy, this protection helps employers manage financial risks associated with early lease termination, ensuring that unexpected job cuts don't lead to additional, unplanned financial burdens.
  • Parental Leave

    Maternity & Paternity Cover

    Parental Leave
    During parental leave, it provides financial consistency by mitigating lease obligations, ensuring that employee absence doesn't translate into financial strain - aligned with the employer's own benefit-in-kind policies.
  • Long Term Sickness

    Extended Illness cover

    Long Term Sickness
    Offering financial protection against the unpredictability of long-term illness, mitigating lease liabilities during extended absences  and aligning with the employer's own benefit-in-kind policies.
  • Future Payments

    Lease liability cover

    Future Payments
    Protection against future lease payments secures employers against the financial implications of early termination, ensuring that commitments can be met without disrupting financial forecasts.
Trustpilot Star

CUSTOMER REVIEWS

People love us

Thousands of happy customers and a glowing Trustpilot rating reflect the power of our EcoMute salary sacrifice programme. Trusted by almost 1,000 UK businesses, EcoMute makes going electric effortless - for both employers and employees.

We’ve been 100% electric from day one. Never hybrids, never engines, never compromising our founding values.

Cleaner commutes. Healthier air. A total win-win. Join the movement. Together we’re electric ⚡

Read our reviews
Trustpilot Rated Excellent
Best electric car deals

More bang for your buck

Unlock exceptional value with our best electric car deals. Tailored for EcoMuters looking to maximise their motoring budget, pound-for-pound, these offers ensure you get more car for your money. Embrace an eco-friendly ride that doesn't compromise on quality or cost. Begin your journey to sustainability with our economical choices today.

Our whip-smart team will be in touch quicker than Elon Musk could say "Let's colonize Mars!"

Your submission is complete.

COOKIES STUFF
Not weird data-hungry monster people, but we use cookies to make a better experience.

So by continuing, you agree to our use of cookies. Wanna know more check our privacy policy.