Trade Credit Re insures B2B concerns against major losses incurred as a result of the bankruptcy of their debtors. The insured manages the trade finance himself without having to comply with any imposed credit limits on its debtors or having to accept interference in their customer relations when it comes to recovering unpaid debts. Trade Credit Re gives life to this concept by providing a wide array of innovative and creative insurance formulas to its insureds. TCRe aims is to truly take into consideration the needs of its insured together with the profile of the insured’s trade finance manager.
A unique concept :
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free choice of policy parameters |
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The policy is characterised by 3 parameters :
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The sum insured : the risk transferred to the insurer |
| b. |
The deductible : the risk retained by the insured |
| c. |
The premium : the remuneration of the sum insured |
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Two of these parameters are determined by the insured following his internal priorities ;
Trade Credit Re determines the third one. |
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