The object insured
- Potential financial loss for the lender on loans
- Civil liability borrower / debtor for damages caused to the lender due to default due to the credit agreement
Insured event
Default under the loan agreement of the debtor
Dangers covered
- Bankruptcy or insolvency of the debtor
- Death of individual debtor, etc.
Basic Insurance Tariffs
From 0.4% to 2.0% depending on insurance risks