Receivable Insurance – Europolisa
Type of funding
Insurance
For whom
SMEs, Large companies
Territorial range
European markets
Date of availability
Indefinitely
What you get
Think about the security of your transaction and protect yourself against a lack of payment from a contractor.
What do you need to know?
The only cost you will incur during the entire policy period is the insurance premium payable on conclusion of the contract.
Additional advantages of the insurance:
- simplified procedures adapted to a start-up company;
- coverage including most European markets and Poland (34 countries in total).
The assessment of the commercial credibility of contractors and the recovery of the insured receivables are carried out without additional charges.
What are the requirements to be met?
It is sufficient that your company sells deferred goods or services and meets one of the following conditions:
- the amount of trading in trade loan in the last 12 months to all domestic contractors did not exceed PLN 5 million;
- the trade in trade loan in the last 12 months to all foreign contractors did not exceed EUR 1 million.
Check your insurance costs using the calculator.
How to use the product?
Service is provided in several stages:
- assessment of the contractor's payment credibility by analysts on the basis of your insurance application and the specified credit limit amount;
- conclusion of an insurance contract for 12 months and payment of insurance premium;
- sale of goods or services and payment from the contractor (in case of failure to pay from the contractor you should contact the Export Credit Insurance Corporation (KUKE) for debt recovery);
- payment of compensation if recovery fails to produce the expected results.
Additional information
Contact the local sales branch of KUKE or visit the website.
