KUKE GAP

We insure receivables that exceed first line limit established under the first line insurance contract.

Who is this product for?

The product is aimed at companies that:

1. sell goods or services on trade credit
2. have a trade credit insurance policy with an insurer other than KUKE, where the granted limit does not provide full coverage for sales to their buyers

KUKE GAP provides:

1. coverage for receivables exceeding the limits set by the first line insurer, with a maximum credit period of up to 2 years
2. additional coverage for receivables even up to the level of the first line limit
3. protection against commercial and political risks
4. simple premium calculation rules
5. easy policy administration

How does it work?

1. Application. You submit an application for insurance along with information on the required highest credit limits.
2. Policy conclusion. We conclude the insurance contract.
3. Claim notification. Once the first line insurer pays indemnity, you submit a claim to KUKE.
4. Indemnity payment. We pay the due indemnity within 30 days. 

Have a question? Contact us.