Credit default and trade credit insurance
Especially with new customers, you do not always have the certainty that they will pay your invoice on time. But unpleasant surprises can also occur with existing customers. If, after fruitful cooperation, an important payment is suddenly not made, this can put you in an unpleasant position.
But that doesn't have to be the case! We can advise you on all issues regarding your bad debt and trade credit insurances and accompany you in case of damage. In this way you can protect yourself against unexpected payment defaults and avoid unnecessary risks for your company.
Bad debt insurance –
always on the safe side worldwide
With a trade credit insurance you can protect yourself against bad debt losses and even against insolvencies. You can thus prevent unexpected events at important customers and partners from also putting your company into financial difficulties and endangering your liquidity and creditworthiness. We'll support you in securing your receivables up to 90 percent of the invoice amount and, if necessary, also in insuring the production risk.
Thanks to our international orientation, your receivables are also secured worldwide. You can enjoy security and full protection with every delivery and service – at home and abroad.
Quick help in case of damage –
fulfilling the obligations of insurance companies
In case of a threat of non-payment, insurance can provide you with valuable cover. However, for the insurance cover to take effect, you as an insured party must fulfil special obligations, which are often associated with high administrative costs. We at DEMONDO will accompany you in 3 steps on the path to compensation and relieve you of annoying paperwork:
- You inform us as soon as one of your claims is in default.
- We will do everything in our power to ensure that you receive your money and maintain a good relationship with your customer or partner. We'll make sure that you fulfil the obligations of insurance cover and document all necessary steps for your damage report.
- Should our measures not be successful, the insurance will take effect and compensate for the damage incurred.
With our help you can enjoy first-class service. We'll check the creditworthiness of your new customers in advance and set up an insured credit limit for them. In this way you avoid unpleasant surprises afterwards. With permanent scoring of your existing customers, you are also always on the safe side when it comes to long-term customer relationships.
Your advantages with DEMONDO
- You reduce the administrative effort and save time, money and nerves.
- You enjoy complete security with your activities at home and abroad.
- You can better assess the creditworthiness of your new and existing customers.
Arrange your non-binding consultation now and find out more about our intelligent solutions for trade credit insurance. Incidentally: Insurance against bad debts is often worthwhile for a company with an annual turnover of 50,000 euros. Talk to us. We'll find the ideal solution for you.
Arrange an appointment now:
Demondo makes it very easy for you: Either we improve your collection rate or you receive a portion of the collected fees. How do we do that? You pay nothing and if we fail to beat your quota, you will receive a portion of your debtors' collection fees.
We call it the Demondo Performance Promise.