Background and Context........................................................................................................... 3. B. Purpose of this Guidance .......................................................................................................... 4. C. Target Audience, Status and Content of the Guidance ............................................................ 5. D. Scope of the Guidance: terminology, Key features and business models................................
A lien holder is someone who has either leased a vehicle to you with an insurable interest, or given you money on loan to buy it. The lien holder is usually a bank or another financial firm. When insuring your car, the lien holder is also included on your policy. This will protect the lien holder in the event that you are in an accident and damage the vehicle. The lien holder has a secured interest in the car.
A Tonneau cover describes a hard or soft cover used to protect unoccupied passenger seats in a convertible or roadster, or the cargo bed in a pickup truck. Hard tonneau covers open by a hinging or folding mechanism while soft covers open by rolling up. The tonneau cover also conceals and/or covers cargo. When the cover is pulled out, it keeps items out of the sun and provides extra security by keeping personal items out of sight.