The facility insuring purchased debts has been developed for factoring companies and financial institutions. It provides cover for purchased debts with a maximum credit period of 360 days.

Insured commercial risks are insolvency and protracted default of the buyer of the commercial transaction. Additionally cover can be extended to political risks of the buying country.

The policy works on a whole turnover basis, i.e. it covers payment risks of all purchased debts. Coverage is provided either on the basis of the amount of turnover or on the total outstanding debts.