Protection for banks that will provide financing against the risk of not receiving repayment
Insurance that provides protection to banks that will provide financing to customers/debtors/sellers against the possible risk of not receiving part or all of repayments from domestic (domestic) buyers due to commercial risks.
The benefits obtained are as follows:
Risk Covered : Commercial risk (Buyers go bankrupt (Buyers’ bankruptcy), Buyers are declared Bankrupt (Insolvency), Buyers refuse or are unable to pay for the goods that have been sent by sellers).
Amount of Compensation : Asei Insurance will pay compensation up to 85% of the losses suffered by the Bank for financing domestic bills (excluding interest and fines).
Coverage Fee: The amount of the premium is calculated from the premium rate for banks (which already have a cooperation agreement) single flat rate.