Coface offers a trade credit insurance contract to medium-sized and big companies that sell their products & services in Russia on credit terms, or export goods.
Current policyholders of Coface Rus Insurance Company are trade and production companies with annual sales revenue from USD 1 million to billions USD. Our policies are popular among both subsidiaries of foreign groups and domestic Russian companies.
Coface policyholders get independent assessment of risks throughout their buyer portfolios, have their buyers monitored as long as the policy is valid, prevent their losses or have them recovered if any.
Terms of insurance:
Insurance cover is provided if an application is submitted on the entire trade turnover (all the buyers on credit terms) Insurance indemnity constitutes 80 to 90 percent of the debt insured.
Coface has some competitive advantages that serve the interests of our clients.
An insurance contract defines all rights and responsibilities of the Insurer and the Policyholder (see Insurance step by step). Every policy is based on the General Conditions of Comprehensive Trade Credit Insurance designed and applied by Coface around the world (GlobAlliance Contract).
