PV Warranty Insurance backing your solar investment

Our PV Warranty Insurance is straightforward and effective: manufacturers protect their ability to pay excessive warranty claims on modules for a period of 25 years (up to 30 years for glass-glass modules). In the event of the manufacturer’s insolvency, the policy is seamlessly transferred to you as a registered buyer, ensuring that your warranty claims remain covered. You can ask manufacturers that have purchased the cover for a Benerficiary Declaration Letter from Munich Re. This insurance enables you to take control of the warranty risk of solar – and the letter acts as your seal of approval.

• Insolvency of the manufacturer, and
• PV module warranty claim
  (i.e. faulty manufacturing, material defects, excessive material aging)

• Significant risk transfer: high and extendable insurance protection over 25 years
• Reliable loss payout: no first-come, first -served situation in claims scenarios
• Individualised Benerficiary Declaration Letter issued by Munich

With payout limits of 5–10%, Munich Re’s PV Warranty Insurance meets the financing requirements of most projects.

If buyers might need more coverage, they can extend protection with a Top-Up Cover directly from Munich Re. It provides excess of loss limit coverage for up to 100% of the system’s module value and can be additionally customised to include risks such as costs of labour, transportation or loss of revenue.