Should things go wrong and a customer you have insured under this policy fails to pay you, Coface will pay up to 90% of your loss. This will help you protect your cash flow and continue to trade.
Coface has implemented a straightforward claims process requiring less documentation than a standard trade credit insurance policy, to make it easier for you to submit a claim. The service standard offered is designed to ensure that once claims have been assessed and validated they are paid within 30 days.
Full details of the claims process will be given to you if you take out a CoverCredit insurance policy.