Credit Insurance, or Accounts Receivable Insurance, is designed to cover the risk of non-payment on your credit invoices from customers. This type of policy allows you to insure both domestic sales and export sales.
Possible defaults can be caused by bankruptcies, preventive proceedings, or financial problems of your clients. In the event of non-payment, the insurance company indemnifies the amount of the unpaid invoices.
Protect Your Portfolio: You are protected against the risk of non-payment by your customers.
Increased Sales: You can secure new markets or develop new credit customers, allowing you to be more competitive and confident in the event of a default.
Access to Financing: It allows insured parties to assign the rights to these invoices to financial institutions and/or factoring companies to access short-term financing.
The Insured sells on credit (domestic or international invoices)
The Insurance Company covers the sales of the insured
The Debtor does not pay the commercial invoice (default)
The Insurance Company pays the defaults to the insured and takes collection actions against the debtor
Contact us at k.gentner@gentnerglobaltrade.com if you can't find an answer to your question:
It is a solution that protects the insured invoices resulting from the non-payment of your credit sales.
Prevention of defaults, ongoing monitoring and analysis of debtors, debt collection management, and most importantly, indemnification in the event of defaults.
Generally, it ranges between 80% and 90%. Once the file has been approved, the payment term is between 60 and 90 days.
Utilizamos cookies para personalizar contenido y anuncios, para analizar nuestro tráfico. También compartimos información sobre tu uso de nuestro sitio con nuestros socios de publicidad y análisis, quienes pueden combinarla con otra información que les hayas proporcionado o que hayan recopilado de tu uso de sus servicios.