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LIQUIDITY

ENGINEERING

CLIENT AS PRIMARY CUSTOMER

Insurance for commercial risks arising from insolvency and late payment.

Cover on payments for purchases with the supplier as beneficiary.

TYPE OF INSURANCE:

OBJECT OF COVER:

INSURED RISK:

INSURED EVENT:

POLICYHOLDER:

BENEFICIARY OF COVER:

PERIOD OF INSURANCE:

INSURED VALUE:

MAXIMUM INSURED VALUES:

RISK ASSESSMENT:

CALCULATION OF PREMIUM:

ADVANTAGES:

 

 

 

 

 

 

 

NOTES:

Reverse trade credit insurance.

Credit on revolving base purchases (1).

Insolvency, protracted payment delay.

Failure to repay purchasing invoices to supplier by customer.

The client as primary customer.

Supplier (2), Financial Institution (3).

12 months.

90% (3).

  • Single risk: € 50 million.

  • Minimum premium: € 20.000.

The risk assessment is performed by the insurance company.

The calculation of premium occurs based on risk parameters relevant to the borrower, the suppliers and with reference to the applicable industry sector.

For the client as primary customer:

  • Optimization of purchasing conditions;

  • Ability to plan purchases in relationship to sales;

  • Flexibility in the engineering of purchasing contracts;

  • The client as primary customer acquires the rating of insurance company in relationship to the signed cover;

  • Increased liquidity;

  • Ability to use cover as collateral for credit applications.

For the supplier:

  • Guaranteed payment of invoices;

  • Flexibility in the engineering of sales contracts;

  • Possibility of discounting sales invoices to their own bank towards financing;

  1. Max. invoicing period: 180 days.

  2. The cover can be split in relationship to predetermined suppliers.

  3. Possibility of using the cover as collateral towards financing, offering it to the own bank/financial institution as beneficiary in relationship to a loan.

 

The economic values and technical conditions indicated, the description of the covers and the policy details are purely indicative and non-binding. The insurance company and the subscription agency reserve the right to assess and decide on the assumption of risks and the emission of policies.

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