INSURANCE AGAINST BAD DEBT
Providing goods or services always implies the risk of default of payment or non-payment by the customer. This risk may constitute a crucial problem for the further existence of a company. Especially for big business deals with a short term of payment it is advisable to insure receivables with a commercial credit insurance in order to avoid a shortage in liquidity or loss in revenue. Additionally, a bad debt insurance enables you to decrease your provision for credit loss and hence to boost your company’s growth. We elaborate flexible, integral and individual insurance solutions for you, which minimize your credit risk and best suit your needs.
TYPICAL EXAMPLES OF DAMAGE
Protection in case of inability to pay (insolvency) of the customer
Protection against default in payment, operating costs as well as production costs
Debt collection service
Ongoing credit assessment and customer monitoring
Special protection for individual transactions or customers