Insurance for credits and factoring

Insurance cover for buyer credits and factoring

If you are a financial institute, OeKB Versicherung can cover you against losses from loan and credit contracts and factoring contracts.

Two different product groups are available depending on your needs

  • Insurance for buyer credits – P6D, P5D and P3 cover losses from loan and credit contracts
  • Insurance for factoring – P6F, P5F and P9 cover losses from factoring contracts

Insure buyer credits

Losses from loan and credit contracts are covered. The policy holder is the financing bank.

Our offer for cover of buyer credits:

  • Global Insurance (P6D)
    Global Insurance covers losses from loan and credit contracts with all debtors in one or several destination countries.
  • Single Buyer Insurance (P5D)
    Single Buyer Insurance covers losses from loan and credit contracts with a specific debtor.
  • Single Transaction Insurance (P3)
    Single Transaction Insurance covers loss of receivables from a single loan or credit contract.

Insure your factoring transactions

Losses from factoring contracts are covered. The policy holder is the bank.
Factoring is a form of financing for the exporter. Receivables may be factored openly or silently.

Our offer for cover of factoring transactions

  • Global Insurance (P6F)
    Global Insurance covers the purchased receivables from all contractual partners in a destination country or in several destination countries in the scope of a factoring contract.
  • Single Buyer Insurance (P5F)
    Single Buyer Insurance covers the purchased receivables from a contractual partner in the scope of a factoring contract.
  • Single Transaction Insurance (P9)
    Single Transaction Insurance insures the loss of receivables from a single factoring contract.
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