ZULETA & ASOCIADOS INDEPENDENT BROKER
CREDIT INSURANCE AND RISK SPECIALIST
www-zuletayasociados.com
What is Credit Insurance? It is a contract by which the Insurance company binds itself, within the limits established by Law and in the Contract (policy) to indemnify the Insured for the final losses experienced as a result of non-payment of goods and/or services delivered on credit by any of its previously qualified clients.
ZULETA & ASOCIADOS BROKER INDEPENDIENTE ESPECIALISTA EN SEGURO DE CREDITO Y RIESGO Tel: + (52.55) 57605616, 55819126 CEL : + 55 41888875
What is Credit Insurance? Scope: Mercantile operations between companies. No operations between individuals allowed. Addressees: Any company that carries on mercantile operations selling goods or services on credit, whether domestically or internationally.
ZULETA & ASOCIADOS BROKER INDEPENDIENTE ESPECIALISTA EN SEGURO DE CREDITO Y RIESGO Tel: + (52.55) 57605616, 55819126 CEL : + 55 41888875
Modalities
Modalities: a. Domestic b. Export c. Mixed
ZULETA & ASOCIADOS BROKER INDEPENDIENTE ESPECIALISTA EN SEGURO DE CREDITO Y RIESGO Tel: + (52.55) 57605616, 55819126 CEL : + 55 41888875
Addressees All companies selling
Goods and services In Mexico or abroad With payment terms up to 180 days
ZULETA & ASOCIADOS BROKER INDEPENDIENTE ESPECIALISTA EN SEGURO DE CREDITO Y RIESGO Tel: + (52.55) 57605616, 55819126 CEL : + 55 41888875
Main Exclusions ● Buying and selling contracts between subsidiaries ● Sales between individuals ● Insolvency from clients previously known by the Insured ● Acts of Authority ● Any nuclear event ● Losses corresponding to moratorium interests ● Insolvency of non-classified clients
ZULETA & ASOCIADOS BROKER INDEPENDIENTE ESPECIALISTA EN SEGURO DE CREDITO Y RIESGO Tel: + (52.55) 57605616, 55819126 CEL : + 55 41888875
Costs
● Premium (a % of the insured sale) ● Study costs ● Collection costs
ZULETA & ASOCIADOS BROKER INDEPENDIENTE ESPECIALISTA EN SEGURO DE CREDITO Y RIESGO Tel: + (52.55) 57605616, 55819126 CEL : + 55 41888875
Benefits ● It contributes to identify trustworthy clients through permanent study and monitoring ● More cost-effective than a letter of credit ● The policy may be endorsed to financial institutions facilitating access to financing ● Optimize your cash-flow requirements ● Decrease the non-collectible credits cost ● Increase your focus on your core business ● Protect your general balance
ZULETA & ASOCIADOS BROKER INDEPENDIENTE ESPECIALISTA EN SEGURO DE CREDITO Y RIESGO Tel: + (52.55) 57605616, 55819126 CEL : + 55 41888875
CREDIT INSURANCE Your commercial risks under control
ZULETA & ASOCIADOS BROKER INDEPENDIENTE ESPECIALISTA EN SEGURO DE CREDITO Y RIESGO Tel: + (52.55) 57605616, 55819126 CEL : + 55 41888875 LIC. JORGE ZULETA CALDERÓN Ced. No. C141879
ZULETA & ASOCIADOS INDEPENDENT BROKER CREDIT INSURANCE AND RISK SPECIALIST Tel: + (52.55) 57605616, 55819126 CEL : + 55 41888875