Credit insurance

Credit and surety insurance

 

Credit Insurance: offers a guarantee to the insured to pay the credits that he had when the default happened due to the insolvency of his debtors.

Surety Insurance: is insurance that when there is a breach by the policyholder of its obligations, the insurer undertakes to compensate for the financial losses suffered within the established limits. All payments made by the insurer shall be interested reimbursed by the policyholder.

 

 

Credit and surety insurance

 

 

 

 

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