The LensCap protection plans are optional add-ons that limit your liability in the case of a covered event causing damage or total loss of products on your rental.
Simply, if a covered event occurs to equipment protected by a LensCap plan, the most you’ll pay is 10% of the replacement cost of the total insured value of the equipment
In some cases, the cost to repair the equipment is less than 10% of the replacement cost. If that is the case, you would just owe the cost to repair.
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