Trade Insurance type
Trade Insurance is a type of insurance that provides compensation to the Insured (Seller / Bank / Non-Bank Financial Institution (INKB)) against the possible risk of loss due to partial or total repayment of payments from the Buyer / Importer or Bank opening L / C caused by risk commercial and / or political risk.
Domestic Credit Insurance (DCI)
Type of insurance provides compensation to the Insured (seller) of the risk of loss due to partial or total non-receipt of payment from domestic buyers caused by commercial risk.
BENEFITS
Increase Sales, increase the competitiveness of sellers because they can provide more attractive offers to buyers because of the sense of security from the seller of the transactions made.
Providing protection against the possibility of default (Stabilization of the seller’s financial condition) Failure of payment (in part or in whole) from the buyer is a risk that cannot be avoided by the seller/seller. With insurance, the risk will shift to Asei Insurance so that the insured/seller avoids financial loss/disruption.
Improve Credit Management, maintain vigilance of credit managers. They know that if they do not follow the procedure correctly, their credit will be in danger.