Credit insurance is insurance for the risk of non-payment of short-term receivables from Czech or foreign buyers as a result of their insolvency or protracted default, or as a result of territorial risks on the part of a foreign buyer.
KUPEG insurance provides security. It‘s the guarantee that if a receivable (amounting to no more than the relevant credit limit) has not been paid by the buyer, the insurance company will regard this as an insurance claim and will pay the receivable amount, less any deductible, to the insured party.
We structure, and allow modification, of our products to accommodate the individual needs of our clients. Our goal is to offer all companies, regardless of size or branch of industry, as much individualised coverage on the risk of non-payment as possible.
In addition to the insurance of receivables against the risk of non-payment, we also offer bond insurance – a full-fledged alternative to bank guarantees.