Tusker Car Lease scheme

Early termination charge

As part of the Tusker benefit, lifestyle protection avoids an early termination charge for employees who experience certain lifestyle events that mean they need to leave the scheme – such as a resignation, maternity/paternity, long term sickness or redundancy provided the employee has had the car for over three months. However, this protection does not apply to disciplinary or capability dismissals (or redundancy during the first three months of the lease agreement), therefore, to reduce the risk of a termination charge impacting the employee, the People Services team will check that there are no current formal HR processes that could result in a dismissal.