Service Overview
Credit Insurance
Discover our Credit Insurance, designed to protect companies against domestic and international non-payment risks. Protect your cash flow by anticipating commercial risks through our credit insurance solutions.
Assurances Saadane supports you in managing customer receivables, ensuring peace of mind and optimal financial security.
We understand the importance of securing your commercial transactions. Our Credit Insurance provides comprehensive protection against unpaid invoices, allowing you to focus on growing your business.
Fundamental Principles of Credit Insurance
Prevention: To be covered for a specific buyer, the insured must request and obtain an individual guarantee for the customer (except for non-denominated clients).
Coverage of Overall Business Activity: Credit insurance covers the insured’s total turnover, excluding transactions with public administrations, affiliated companies, individuals, clients excluded from any guarantee, and cash-paid transactions.
Short-Term Commercial Risk Coverage: Covers risks arising from short-term credit granted for the sale of goods or services. Transactions with public buyers and political or catastrophic risks requiring state intervention are excluded.
Insolvency Concept: The event triggering compensation is the presumed or declared insolvency of the debtor (judicial recovery or liquidation).
Indemnification with Deductible: To mutualize risk, the insured bears a minimum share of the compensated loss (minimum 10%).
How Does It Work?
Customer receivables can represent up to 40% of your company’s assets—making them a vital asset to protect.
Credit Insurance protects companies against domestic and international non-payment risks. It guarantees suppliers against non-payment for goods delivered or services provided. Additionally, the credit insurer informs suppliers about the financial situation of their clients.
The 3 Essential Services of Credit Insurance
Customer Risk Prevention: Through financial, operational, and market information combined with predictive analysis and strategic monitoring, you can anticipate risks and make secure decisions. This gives you confidence in accepting new orders or entering new markets.
Debt Collection: In case of late payment, our expert teams manage all amicable and legal recovery procedures for unpaid receivables—whether guaranteed or not. You optimize recovery rates while reducing administrative costs.
Indemnification of Unrecoverable Receivables: Regardless of the outcome of recovery efforts, we compensate you quickly. You protect your profitability and ensure business continuity. You can also assign indemnity rights to banks or factoring companies, facilitating financial relations.
At Assurances Saadane, we are committed to providing credit insurance that protects your commercial transactions against non-payment risks, ensuring business security and continuity.
Contact us today to learn more and discover how our Credit Insurance can protect your company and secure your cash flow.
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