Staying liquid while others are getting into payment difficulties

The payment behaviour of German companies has deteriorated significantly, and the number of insolvencies in Germany remains at a high level. Any company delivering goods or rendering services should therefore secure itself against the risk of a receivable remaining unpaid. Should the purchasing company suffer liquidity difficulties, this can quickly – depending on the amount of the outstanding receivable concerned – lead to financial problems that could even result in the insolvency of your own company. Credit insurance pays compensation in the event of the bad debts and carries out creditworthiness checks on purchasing companies both at home and abroad.