Credit Insurance for small and medium-sized companies

Bad debt loss can have far more devastating consequences for smaller companies than for large ones. The answer is to secure your receivables: The cover supplied by Euler Hermes can make all the difference between failure and survival – particularly for smaller companies, the self-employed and freelancers. Secure the future of your business today!

Our services at a glance

Comprehensive protection for your domestic and export business.

High-accuracy creditworthiness assessment of your customers.

Fast insurance decisions by using Online-Service.

Rapid compensation payment when long delays in payment occur (default in payment): That means: The insured event occurs e.g. 60 days at the latest after you have asked us to take over responsibility for your claim. Simply send a collection request to our subsidiary, Euler Hermes Collections.

Immediate payment of claims as soon as we ascertained the insured loss.

Who can take out insurance cover?

Any small or medium-sized enterprise with insurable annual turnover of up to EUR 5 m. More than EUR 5 m turnover? More information.

What is covered?

Claims on deliveries of goods, services and work in progress to business and by request also private customers with payment due within 180 days of delivery/performance.

What conditions apply?

Insurance cover is based on your customers' positive creditworthiness.

When does the insured event occur?

When court insolvency proceedings are opened or dismissed for insufficiency of assets.

In out-of-court liquidation or quota share settlements.

When an insolvency court confirms acceptance of a debt clearance plan.

In cases of protracted default.

Premium calculation

The factors we consider are the sector you operate in, the turnover and the number of bad debts in the last years. The insurance premium thus calculated is only a fraction of a percentage point of your turnover (see premium example).

Your next steps:

Your personal advice

The client service of Euler Hermes is at your call nationwide. By entering your German local area code into the input-field you get the address of a client service near you.