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wholeturnover
Credit-Insurance |
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A management
tool which will allow you to:
- protect your Accounts Receivable,
- reduce your costs,
- ensure your development on the basis of reliable
clients. |
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Companies
concerned |
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Industrial, commercial
or craft companies. |
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Covered
operations |
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Industrial, commercial
or craft companies, and excluding administrations
and private individuals. |
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Insured
operations |
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Sales of goods
or services. |
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Scope of
cover |
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Domestic and
export. |
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Coverage |
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The Insurers
cover the client outstanding amount, i.e. the
maximum exposure which this client represents
for you.
- Automatic coverage: normally, any client whose
outstanding amount is under 7500 €.
- Individual coverage: any client whose outstanding
amount is above this threshold. |
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Collection |
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On the due date,
non-payment results in a recovery choice:
- either by the Insured,
- or by the Insurer.
Beyond a period stipulated in the contract, the
Insurer's intervention is mandatory. Fees: generally
borne by the Insurer. |
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Indemnification |
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Should the efforts
to collect your debt not quickly produce a result,
the Insurer will take the place of your defaulting
Client and pay you. Depending on the type of coverage
which you have obtained, the indemnification amount
can be up to 95%. |
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Cost |
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Selecting and
monitoring your clients' solvency, the efforts
needed to collect your unpaid debts and, finally,
the indemnification will have a cost which, in
any case, shall not exceed a small percentage
of your turnover. |
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