Sales bond credit insurance
Sales bond credit insurance
· The account receivable credit insurance is a product to compensate for the damage caused by
the inability to collect the credit.
· This is a financial instrument that recovers account receivables losses due to unexpected credit risks
and political risks from buyers as insurance payments.
· It provides safety devices for sales and operating profit expansion and business stability
through credit use.
· Unlike the guarantee insurance or bank guarantee applied by the purchaser, the sales company
directly insures the sales receivables and manages them together.
· The account receivable credit insurance is a product to
compensate for the damage caused by the inability to collect
the credit.
· This is a financial instrument that recovers account
receivables losses due to unexpected credit risks
and political risks from buyers as insurance payments.
· It provides safety devices for sales and operating profit
expansion and business stability through credit use.
· Unlike the guarantee insurance or bank guarantee applied
by the purchaser, the sales company directly insures the
sales receivables and manages them together.
Export credit insurance
Export credit insurance
· Trade and other overseas transactions involve many different risks than domestic transactions.
Among such risks are emergency risks, such as war, political changes, import restrictions due to
the opening and closing of laws, and credit risk, such as the insolvency of the other party in a foreign
country, which are not covered by general private insurance.
· Therefore, in order to secure the safety of overseas transactions, the export contract is concluded
and the goods are exported, and the export credit insurance is used to compensate for the losses
incurred when the export payment is not available from the importer.
· Trade and other overseas transactions involve many
different risks than domestic transactions.
Among such risks are emergency risks, such as war,
political changes, import restrictions due to the
opening and closing of laws, and credit risk, such as
the insolvency of the other party in a foreign
country, which are not covered by general private
insurance.
· Therefore, in order to secure the safety of overseas
transactions, the export contract is concluded
and the goods are exported, and the export credit
insurance is used to compensate for the losses
incurred when the export payment is not available
from the importer.
Guarantee insurance
· We ask for your warranty and collateral to ensure that
your business partner will ensure that you meet the
obligations of the contract set forth in the contract.
The warranty provides you with the security you need
to start and maintain a strong relationship.