Trade
What you get?
The trade sector underwent big changes over the last couple of years. Therefore, it requires well-considered risk management. Acceleration of globalization resulted in considerable challenges for the business. Digitalization and customers’ expectations drive the existing stakeholders in the sector and the new players to look for a faster speed and better control of the delivery of products at each step of the process.
Although technological innovations have opened up new opportunities for growth, they have also disturbed the competitive background. Companies now have to adapt to the higher risk of cyber threats, legal disputes, regulations changes, emerging new products and services, and stronger competition from start-up companies and other new players.
UniCredit Insurance Broker will help you structure a custom-made program and select the right insurance solutions in line with the risks that you face. With our long experience in insurance in the Trade sector, we can offer an efficient combination of insurance policies for warehouses, inventories, transport and logistics at an optimal price.
Types of insurance
Buildings - warehouses, logistics centers
UniCredit Insurance Broker structures suitable combinations of insurance solutions for buildings. The property used for carrying out your activity is insured - buildings, machines, equipment and facilities, stock, furniture, etc.
Insurance of warehouses and logistics centers is voluntary and provides security for the owners, users and tenants of the premises. Both small warehouses and large logistics bases and centers can be insured. Our solutions include coverage of risks such as fire, natural disasters, floods, damages to the water and sewerage network, earthquake, loss of income and other risks, depending on your needs and risks for your property.
Your inventories are exposed to a constant risk of destruction, due to both external and internal factors. The experts of UniCredit Insurance Broker will offer you optimal insurance solutions which will protect your inventories against risks such as: fire, natural disasters, earthquake, theft and robbery, leak of tap water and sewage system water, malicious actions of third parties, vandalism, etc., depending on your needs and the needs of your business.
Insurance of receivables / Trade loan
Insurance of receivables or insurance of a trade loan protects providers of goods and services with deferred payment against the risk of the buyer’s failure to pay them. The risks covered are of insolvency, prolonged default, lack of payment or political events that hinder the fulfillment of the agreement concluded by the parties. In case you sell goods or services with deferred payment, you are vulnerable to bad debts and payment default.
We provide a wide range of solutions for insurance of trade loans which may help you manage risk in case of overdue payment or insolvency of the debtor.
The insurance is available to a wide specter of enterprises - from small and medium-sized ones to large corporations and international companies in any sector of the economy that provide goods or services under credit conditions. Various types of products are offered which correspond to every type of business. The coverage is available both for domestic and for foreign (export) trade.
Questions and Answers
The insurance premium is determined by the insurer, depending on the risk circumstances, the type of the insured property and the history of the damages of the insured. This is usually a percentage of the sum insured of the insured property.
The sum insured is determined on the basis of the replacement or actual value of the asset. Contract value can also be applied. We will help you choose the formation of the sum insured. Please contact us at jotvsbodfAvojdsfejumfbtjoh/ch or fill in the contact form above.
Yes, after duly notifying the insurer. The insurance is certified by issuing a supplement to the policy.
- The insurance coverage enters into force at 00:01 on the date specified as the starting date in the insurance contract.
- The insurance coverage is valid for the period for which the respective premium / installment has been paid and according to the term of the insurance contract.
- The insurance coverage ends at 23:59 on the date specified as the end date in the insurance contract.