Individual insurance policy enables you to gain:

• contract insurance against delays in regulating financial liabilities, counterparty insolvency, sudden changes in the political situation in business partner’s country and other random events;
• insurance policy that secures an individual export contract, starting from the day of the first delivery until the last payment date, up to the insured amount specified in the insurance policy;
• evaluation of buyer’s financial standing and creditworthiness – free of charge;
• indemnity is paid in the currency of the export contract in order to minimize the currency risk;
• payment of the indemnity is guaranteed by the State Treasury.

The insured percentage may not exceed 95% of the value of insured receivables. Your duties during the insurance policy are reduced to minimum – no reports concerning the export contract or payments are required.

In order to obtain the policy, you need to pay once a premium. 

The insurance may cover the receivables from a buyer, if it is located in one of 165 countries.

The insurance is dedicated to all companies, whose goods or services meet the criteria of Polish content.

Please remember that the date of postponing the payment (trade credit) for the goods or service may not exceed two years.

Individual insurance policy works in few steps:

1. Assessment of  buyer’s credit worthiness – proceeded by a team of analysts on the basis of your insurance form and the credit limit submitted in the insurance.
2. Conclusion of an insurance agreement and payment of the insurance premium (in monthly or quarterly instalments).
3. Delivery of goods or services and payment by a buyer.
4. In case of non-payment, you need to ask KUKE to initiate debt collection.
5. Indemnification, if the debt collection will not bring the demanded effects.

All receivables subject to insurance must be confirmed by a properly issued invoice. Currency of the invoice must be listed on the ''Currency Exchange Rates Table A'' published by the National Bank of Poland, or the invoice may be denominated in Polish zlotys.

The insurance contract is concluded on the basis of submitted application. Considering the data included in the form and risk assessment, KUKE determines the detailed insurance conditions.