The premium of a credit insurance how high is it?

Read everything about the premium of a credit insurance in the text below

Credit insurance premium

Are you orientating about the right credit insurance and do you want to know how high the premium of a credit insurance is? A well-considered decision can only be made when you have a complete overview of all important factors. The CreditInsurers will therefore tell you all about the premium of a credit insurance on this page.

We will shortly go back to the basis “what is a credit insurance”? A credit insurance is an insurance that is designed for companies who supply on credit. The insurance offers coverage in case debtors are not able to pay outstanding invoices due to insolvency. The credit insurers pays for the outstanding invoices conform the policy. However, the credit insurance has more advantages. The creditworthiness check and the debt collection system are part of the credit insurance as well, provided that this is incorporated into the policy. Do you want to know exactly what a credit insurance is?

The premium of a credit insurance 

Although we aspire to be as transparent as possible, it is hard to provide exact insights into the premium of the credit insurance. The average premium lies usually between 0.075% and 0.35%. The is dependent of several factors. Some of these determining factors are; 

• The amount of turnover of your company
• The industry your operate in
• The kind of credit insurance you would like to take out 
• The payment terms

However, there are more factors to this. Do you want to now what the premium of the credit insurance is for your company?

Credit insurance premium calculation

In a personal consultation, we will calculate the premium of the credit insurance together with you. Contact us now; the consultation is completely free and without obligations. We would like to discuss the possibilities and what The Credit Insurers can do for your organization.