Credit insurance is the insurance of the risk of non-payment of short-term receivables due 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.
The principle of KUPEG insurance is 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 insured event and will pay the amount, less any deductible, to the insured itself.
With the structure and modification of the offered products, we are fully prepared to accommodate the particular needs of a client. Our goal is to offer companies of all sizes and from all branches of industry as much individualised coverage of 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.