Entrepreneurs may know the problem: The receipt of money has long been recognized, but then post comes from the insolvency of a customer. He wants the money back, because it belonged to the bankruptcy estate. What to do? Coface customers can now find advice and protection for their credit insurers.
For Coface provides in addition to credit insurance to an insurance dispute. They are not only for new customers, even many years policyholder can supplement their agreement with it.
The problem, the Coface encountered with the new solution is complex: The disputing a claim for creditor’s discrimination is possible up to ten years if the creditor may have known when paying his debtor that by other creditors at a disadvantage. In such a case the supplier has to pay back the amount you have paid money at the request of the liquidator. A high risk of suppliers: For the liquidator does not prove that the supplier was aware of the difficulties of his customers.
When contesting insurance picks
Actually, the company concerned with a credit insurance also because on the safe side. Firstly, because it may be based on the credit assessment of the insurer. To the existing limit of policyholders against the insolvency administrator can argue that it was confirmed by the limit of the credit insurer in the positive credit rating of its customer. Secondly, the credit insurance covers the resurgent demand. "However, it may lead to cases where the agreed sum insured is insufficient at the time of challenge," explains Dr. Thomas Götting, Regional Commercial Director of Coface. "In these cases, attacks contesting insurance." It offers not only protection in the worst case by the damage performance. It also covers the cost of legal defense against temptation.
