• All-turnover insurance adapted to the needs of a company with a large number of buyers.
• Comprehensive insurance for commercial and territorial risks.
• The structure and modularity of e-MODUL allow a wide range of possibilities that can be adapted to the particular needs of the client.
• It is also possible to include the client’s subsidiaries under a single framework policy.
• This offer is usually prepared immediately after receipt of the required documents from the client.
• The premium is a fraction of a percent of the insured invoice (depending on the premium rate – for example CZK 300 for a CZK 100,000 invoice).

• Commercial risks
  • Insolvency, protracted default (the buyer does not want or cannot pay)
• Political (territorial) risks
  • Political events or macroeconomic problems of a country, circumstances beyond control of the particular buyer.

The insurance policy covers both types of risks in tandem – this means that it is not necessary to take out special insurance for commercial risks and special insurance for territorial risks – this product has single terms and conditions, as well as a single premium rate.

• Framework Insurance Contract
  • Provides for and defines the fundamental terms and conditions of the insurance relationship (premium rates and deductibles, territorial scope, etc.) that are specific for the particular client; they are usually agreed for a period of 12 months, which can subsequently be repeatedly renewed.
• Modules and Appendices to the Insurance Contract
  • Specifies the particular terms and conditions of the insurance, as well as the procedures and the extent of coverage.
• General Terms and Conditions
  • Regulates the general relationship between the client and the insurance company, specifies the rights and obligations of both parties, and defines the basic concepts.
• • Agreement on access to the e-Online System
  • KUPEG offers all its clients effective handling of all issues relating to insurance via protected web-based communication with the insurance company’s information system. The client decides who will have access for the administration of the insurance policy.

• Credit Limits
  • Upon request from the client, the insurer will specify the credit limit for a particular buyer as the maximum amount the insurer is willing to indemnify for this particular buyer. The amount of the credit limit is a result of an analysis of the buyer’s financial situation, other aspects of the macroeconomic situation, business relations between the insured and the buyer…
• Turnover Reporting
  • The client regularly reports the turnover achieved with their buyers. This insurance applies only to receivables (invoices) reported in accordance with the contractual terms and conditions to the insurer – the insurer will calculate the premium by simple multiplication of the premium rate and the amount of the reported turnover.