Who is eligible
Medium and large companies with consistent sales to a large portfolio of buyers, both at home and abroad.
Benefits
Focus on business
The Package credit insurance policy allows you to focus on your core business and safely grow your business.
Tailored to your needs
We offer flexible insurance conditions that are tailored to the specific business profile of your company.
Convenient management
With a single policy you are able to cover both export and domestic sales.
Reverse protection
You have to option to cover receivables that have arisen before the signing of the insurance agreement.
Debt collection support
Effective debt collection with no additional costs.
Complete security
Protection against both commercial and political risk.
Financial support
You can use the insurance policy as security for factoring or bank loan.
Which countries are covered by the insurance?
How it works?
- Assessment of the buyer’s credit worthiness
- The company completes an insurance form and specifies the credit limit for the buyer submitted for the insurance. Our team of analysts then evaluates the credibility of the buyer.
- Conclusion of an insurance agreement and payment of insurance premium
- After a positive assessment of the credibility of a business partner, the company concludes an insurance agreement with KUKE and completes payment of the insurance premium. The agreement remains in force for an indefinite period or for a period specified in the insurance agreement. The premium payable in monthly or quarterly instalments.
- Delivery of goods or services and payment by the buyer
- The company delivers the goods or renders the service to the buyer. Next, the buyer makes the payment within the timeframe specified in the contract or stated on the invoice.
- Debt collection
- Should the buyer fail to complete the payment within the specified payment period, the company requests that KUKE initiates debt collection procedures in relation to the buyer in default.
- Indemnification
- Should the debt collection fail to bring the anticipated effects, indemnity is paid out to the company.
What are the terms and conditions of the policy and what is covered?
- Maximum payment term
- Up to 2 years for exports and up to 1 year for domestic sales.
- Term of the contract
- Open-ended, with annual settlement periods.
- Subject of the insurance
- The insurance covers undisputed receivables from business partners based in Poland and 40 countries worldwide.
- Risks covered
- The insurance cover includes both commercial and political risks (in the case of export sales).
- Simplified procedures
- For smaller contractors, a simplified risk assessment procedure is available.
Solutions for large companies
Manage credit and investment risk comprehensively.
- Our solutions are tailored individually to meet the needs of your business.
- We support sustainable growth of Polish enterprises both in the local market and abroad.
We will help you choose solutions best suited for your business
Other products in our credit insurance range
Europolicy
Simple credit insurance facility allowing cover of a single transaction or a selected buyer. The insurance covers receivables from buyers from 41 countries, including Poland.
Policy Beyond Borders
An export credit insurance covering 160 countries (outside the European Union and highly developed markets like USA, Canada, Japan or Australia) with the option of cover for a single buyer.
Supplier Credit Insurance
Insurance cover for a single high-value export contract. The duration of the credit for the foreign buyer is two or more years.
KUKE GAP
Insurance cover for receivables that exceed the basic limit set out in the main insurance policy.