Credit Insurance
EFFECTS - Exclusive bad-debts insurance with credit check system for freight forwarding an logistic companies
In a joint developement project Aktiv, FIATA and Coface Group Germany developed a new security line called EFFECTS.
Bad debts and accounts receivable management is of strategic importance to any logistic provider. Subcontractors and other operational expenses have to be paid. Therefore freight forwarders must manage their outstandings with customers due diligence.
EFFECTS is a tangible scheme of credit insurance designed for the global needs of the logistic industry.
The insurance policy covers:
Advantages:
If you have further questions please do not hesitate to contact us: MAIL
Bad debts and accounts receivable management is of strategic importance to any logistic provider. Subcontractors and other operational expenses have to be paid. Therefore freight forwarders must manage their outstandings with customers due diligence.
EFFECTS is a tangible scheme of credit insurance designed for the global needs of the logistic industry.
The insurance policy covers:
- bad debts losses due to insolvency of the customer or non-payment of bills within a stipulated maximum payment period.
Advantages:
- access to customer rating facility wich permits the reliable assessment of the customers credit worthiness.
If you have further questions please do not hesitate to contact us: MAIL
- A Company of Aktiv AG World of Insurances