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Financial Loss Insurance

Financial Loss Insurance

This insurance product is designed for natural and legal persons performing commercial activities under different commercial agreements.

The aim of the insurance is to indemnify losses and expenses that the Policyholder had during the period of the policy as the direct result from an unforeseen event. Unforeseen events are described in advance as the nature of their occurrence must be beyond the control of the Policyholder.

Insurance cover
What is covered is the risk of financial losses of the Policyholder endured as the result of non-payment or other neglect of an obligation of a third party to the Policyholder, the Policyholder being in contractual relationship with the third party. 

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