Solution offered by Export Credit Insurance Corporation (KUKE), allows you to get the company's security against not receiving payment for the delivered goods or services from all contractors covered by the insurance, both at home and abroad - you will insure all receivables with the one insurance policy.

Advantages of this insurance:

• protection, which covers receivables created before the conclusion of the insurance contract;
• coverage comprising most countries of the world, only excluding those with increased political risk – for them the Policy for the East was established;
• recovery of all receivables from contractors, and no fee charged for the recovery of insured receivables;
• the only cost during entire duration of the policy is the insurance premium payable in instalments (monthly or quarterly).

The amount of the insurance premium is determined individually on the basis of several elements. The key factor is the value of turnover submitted for insurance. However, an industrial sector of your company, as well as the number and the amount of credit limits issued, also play an important role.

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 for 12 months and payment of the insurance premium (monthly or quarterly instalments).
3. Delivery of goods or services and payment by a buyer.
4. If the buyer fails to complete the payment, you need to ask KUKE to initiate debt collection.
5. Indemnification, if the debt collection will not bring the demanded effects.