03897oam 2200481 450 991080780340332120190911100030.00-12-411505-5(OCoLC)849931705(MiFhGG)GVRL6ZKM(EXLCZ)99267000000033879720130724d2013 uy 0engurun|---uuuuatxtccrCredit insurance /Miran Jus1st editionAmsterdam Elsevier2013Oxford :Academic Press, an imprint of Elsevier,2013.1 online resource (viii, 173 pages) illustrationsGale eBooksDescription based upon print version of record.0-12-411458-X Includes bibliographical references.Front Cover; Credit Insurance; Copyright Page; Contents; List of Abbreviations; List of Figures; About the Author; 1 Introduction; 2 What Is Credit Insurance and What Does It Offer?; 2.1 Definition; 2.2 Functions of Credit Insurance; 2.2.1 General-Sales and Exports Promotion; 2.2.2 Assumption of Risk and Claims Payment; 2.2.3 Preventive Function of Credit Insurance; 2.2.4 Prevention of Claims, Their Minimization, and Recoveries; 2.2.5 Credit Insurance Enhances External Financing; 3 Basics and Principles of Credit Insurance; 3.1 Main Features and Credit Insurance Terminology3.1.1 Short-, Medium-, and Long-Term Credits3.1.2 Supplier and Buyer Credits; 3.1.3 General Insurance Principles; 3.1.4 Whole Turnover Insurance and Insurance of Individual (Specific) Transactions; 3.1.5 Main Features of Credit Insurance Cover; 3.1.6 Prices of Insurance Services; 3.1.7 Pre- and Postshipment Risks; 3.2 Basic Principles and Credit Insurance Conditions; 3.2.1 Insured Events-Definitions in Insurance Conditions; 3.2.2 Trade Receivables Insured; 3.2.3 Commercial and Noncommercial Risk Insurance; 3.2.4 Claim Payment; 3.2.5 Conditionality of Credit Insurance3.2.6 Obligations of the Insured3.2.7 Percentage of Cover; 4 Risk Management and Credit Insurance; 4.1 Integral and Credit Risk Management; 4.2 How to Obtain A Credit Insurance Policy; 4.2.1 Insured Parties; 4.2.2 Request for Insurance; 4.2.3 Buyers' Insurance Limits; 4.2.4 Insurance Contract; 4.2.4.1 Embracing Main Content; 4.2.4.2 Main Legal Characteristics; 4.2.4.3 Insurance Limits; 4.3 Credit Insurance Policy Administration; 4.3.1 General; 4.3.2 Insurance Declarations and Premiums; 4.3.3 Exchange of Information and Insurance Limits4.3.4 Notice of Late Payments and Discontinuing the Deliveries4.3.5 Debt Collection and Loss Minimization Measures; 4.4 Claims Handling; 4.4.1 Request for Claims Payment; 4.4.2 Ascertainment of Loss; 4.4.3 Claims Payment; 4.5 Recoveries; 4.5.1 Subrogation; 4.5.2 Recovery Activities; 4.6 Instead of A Conclusion; 5 Advantages of Credit Insurance; Bibliography This monograph is practically oriented, presenting a survey and explanation of credit insurance services for protection of short-term trade receivables primarily against commercial risk of insolvency and protracted default. The subject matter (i.e., main functions, features and principles of credit insurance with detailed description of credit insurance coverage, insurance conditions, and credit insurance policy management) follows procedural stages and presents commercial, financial, legal, and practical points of view which emphasize the needs of both the providers of these services and tCredit insuranceCredit insurance.301.15301.15/43/65887368.87Jus Miran1708490MiFhGGMiFhGGBOOK9910807803403321Credit insurance4097525UNINA