Insurances Against Unpaid debts
If or it is difficult to start up a business or company, we were with the risk certain to undergo unpaid debts and not only in these times of crisis.
For that reason we would have to heft the convenience “of assuring” our collections. Companies or organizations dedicated to the “insurances of credit and caution” exist in Spain multiple.
It is a participated Joint-stock company mainly by the Spanish State, and the main banks and insuring companies of the country. Its activity is to assure as much to the companies of the risks of non-payment derived from the sales from its products and services in the inner market as in the outside.
Within the products that offer we emphasized those of Credit and those of Caution, being advisable to know in what consists:
- What is an insurance of Credit?
One is an insurance by means of which the company is on credit cover against the risk of inherent non-payment to all the sales that carry out to the set of their clients. Geralmente allows to cover the sales with goods and services that nonsuperior to a year on credit realizes with victory.
- What is the insurance of Caution?
This modality of insurance is designed for those companies that need to guarantee the fulfillment of the obligations assumed before a third party (public or prevailed), as a result of the development of its activity. Normally it guarantees to the Taker of the insurance or Contractor before the Central, Autonomic, Local Administration, etc., or before the deprived sector, of the economic responsibilities that him can be demanded as a result of the breach of the guaranteed obligation, or by legal or contractual disposition between the parts.
