of OeKB Versicherung
PRISMA.VETO preferential payment insurance
It’s increasingly common for transactions to be rendered void during insolvency proceedings on the grounds of preferential payment. What does that mean?
Picture this scenario: your customer paid your invoice years ago and you thought the matter was closed. Years later, an insolvency administrator turns up to reclaim all the money, plus interest, because your customer has since gone insolvent. Many companies wouldn’t be able to shoulder that loss.
PRISMA is an affiliated brand of OeKB Versicherung. Prisma Veto preferential payment insurance covers you retroactively, irrespective of the contract with the buyer.
Please see here for more information about PRISMA.VETO.