Trading credits insurance
In an increasingly competitive retail markets, suppliers are forced to adopt payment schemes that are used around the world — by installment or deferred payment.
Deliveries with a deferred payment become one of the most effective ways of market penetration and retention of own market segment; for buyers and customers, the choice in favour of a particular supplier or manufacturer is increasingly dependent on the willingness of the former to grant the right to pay by instalments.
However, with increasing volumes of trade credit, supplier’s risk associated with delays in payments or even non-payment for goods delivered increases as well.
Any company is interested in minimizing this risk and ensuring payment for goods from the counterparty. In other words, the company needs a model that will ensure protection of trade.
AlfaStrahovanie offers a civilized way of protection against risks involved with deferred payment trading — trade credit insurance.
Trade credit insurance is designed for large and medium-sized companies that sell their products and services on the territory of the Russian Federation under deferred payment condition.
According to the requirements of Russian legislation, risks can be insured only in favour of the person who enters into an insurance contract.
The subject of insurance is property interests of the Insured arising from the possibility of loss due to inability of the counterparty (the debtor) to fulfill (or improper fulfillment) of the contractual obligations to the Insured.
Insured accident of trade credit insurance is the infliction of losses upon the Insured resulting from:
Features of trade credit insurance:
Advantages of AlfaStrahovanie trade credit insurance:
For more information on insurance trade credits, please call