Translation of "Warenkreditversicherung" in English

All requirements of a credit sale insurance, all contract data as well as all usual insurance types are covered.

You use the supplier number to define with which insurance company the export credit insurance is concluded.

Informing specialists when the validity of assigned export credit insurance has expired for customers.

The prerequisite for this is that the export credit insurance is not assigned to any customer.

For this purpose, the following event has been predefined for the WorkflowAutomation for customers: Export Credit Insurance Expired.

The status of a customer is automatically removed in the daily closing if the export credit insurance is valid again.

In this second part, we concentrate on challenges and the global influence of credit insurance.

The bottom line is that trade credit insurance helps to power the global economy, because it provides certainty.

Customer-specific policy data are entered in the respective customer master files, and the export credit insurance is assigned to the customer.

Overlapping activities of the parties involved in the merger concern the credit reinsurance mar­ket only (credit insurance for sales of goods in the internal market, exports and capital goods), where NCM's activities are very limited.

Claims shall be payable immediately if insolvency proceedings have been instituted against the customer's assets, such application is rejected for insufficiency of assets, the trade credit insurance lowers cover through no fault of our own or the customer breaches material obligations without justifiable grounds.

The customer is aware and agrees that the collection, processing or use of such data by EFAFLEX also conduces to assessing the creditworthiness of its customers and monitoring their financial standing by passing on such data to the commercial credit insurance company and/or credit inquiry agencies.

All of our customers, under the condition that our invoices were paid on time at least twice, are ensured through commercial credit insurance.

Today, we are the global market leader in trade credit insurance, with 1,500 risk experts in more than 50 countries.

In case the credit worthiness and the financial situation of the customer deteriorates considerably, above all if the insurer rejects cover for a trade credit insurance taken out by Moore, Moore is authorised immediately to demand all outstanding claims, both those due and those with a fixed maturity date.

The remaining amount will transfer the Germania to input the total amount – minus a fee for the services provided, such as liquidity improvement, Accounts receivable management, Dunning and credit insurance.

In this way, credit insurance is not too costly or difficult for them to manage… particularly as self-insurance (i.e., no insurance and paying the defaults from the company cash flow) is rarely a better alternative.

Note: In order to extend the validity of export credit insurance or to take out a new insurance contract, some steps may need to be performed by other specialists.

If there is doubt in this regard, in particular unsuccessful reminders, suspended payments or rejection of the security by the commercial credit insurance, etc., we shall be entitled to demand prepayments or securities, to make a claim for payment immediately due, or to withdraw from the contract under exclusion of replacement claims on the part of the Purchaser.

We are entitled to a non-compensable annulment (including partial) of the contract if the customer objects to the applicability of these International Terms and Conditions of Delivery and Payment of the uvex group, insolvency proceedings have been instituted against the customer’s assets or an application to institute such proceedings is rejected for insufficiency of assets, the trade credit insurance cover is lowered through no fault of our own or the customer fails to comply with material obligations for no justifiable reason, we are not supplied correctly or in a timely manner ourselves through no fault of our own or meeting our contractual obligations is no longer possible for other reasons using reasonable methods in the mutual interests of both parties, in particular on force majeure grounds, whereby these grounds shall also include strikes and lock-outs.

A deterioration of the credit worthiness of the customer exists above all, if a trade credit insurance taken out by Moore is cancelled or if the insurer fails or failed to provide cover for the customer, in future.

The event is triggered for a customer if the validity period of the export credit insurance assigned in the customer master files record is expired.

For instance, you can define that the data of those customers are output to whom no export credit insurance has been assigned.

With a full branch license granted by the China Insurance Regulatory Commission (CIRC), Allianz is able to provide its suite of commercial and consumer property and casualty (P & C) solutions to customers in Beijing, including travel, personal accident, health and motor insurance, as well as liability, marine, construction, energy, financial lines and trade credit.

With eGECKO Accounting you use software which perfectly meets all requirements for efficient business accounting, even in its standard version. If you have special requirements, you can extend the software with further convenient functions, e.g. automatic posting of bank vouchers, recurring transactions, cash book, credit sale insurance.

We pay international suppliers in third countries immediately and even before the arrival of the goods in the European free port. In addition, we assume all of the German purchaser’s default risks by means of a commercial credit insurance.