CREDIT INSURANCE

Within the scope of the credit limits set for the buyers, it covers the sales of open accounts, which are made up to 120 days in Turkey and  180 days up to abroad, excluding cash and bank cover.

 Commercial Credit Insurance provides assurance against two types of risks:

• Commercial Risk

1. Bankruptcy

2. Late payment

• Political Risk (Applies only to Export Commercial Credit Insurance)

1. War, embargo

2. Risk of non-transfer of funds

3. Non-payment risk of the public buyer

4. In the event of a dispute between the buyer and the seller, the coverage is suspended until the problem is resolved.