Trade credit insurance: Set-off clauses put policy holders at a disadvantage

Thursday, July 11, 2013 Veröffentlichungen

Article by Christian Becker in Versicherungspraxis 07/2013

Suppliers often insure the risk of a customer's insolvency by trade credit insurance. Trade credit insurers reimburse unpaid debts to the suppliers.

Set-off clauses often effect that insurers do not compensate for the entire debt. In his article, Christian Becker examines the effectiveness of such clauses.


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