Costs of credit insurance
The premium depends on a number of particulars and circumstances which determine the gravity of the risk .
- The type of the insurance (when and where does the liability of the insurer start);
- The turnover volume that is offered for insurance; the diversification of the risk i.e. the number of debtors and their geographical distribution;
- The agreed delivery term and the terms of payment;
- The average exceeding of the credit period agreed on;
- The financial standing and morality of the debtors;
- The line of business of both the insured party and the debtors;
- The degree of (previous) experience of the insured party with the debtors (loss statistics);
- The countries where the debtors are established;
- The nature of the goods at issue;
- The percentage of coverage in the policy.
The number of criteria for deciding on a price for coverage, are numerous.
Would you like to have an estimate of the premium?
In most cases, the accountmanagers at Finance & Insurance will give you a premium indication by telephon, by using a small number of key data. Please cal the following number: 020-4080988

