Finance Lease Insurance
Our insurance protects the leasing company against the risk of not receiving lease instalments from foreign business partners.
Who is eligible
Finance Lease Insurance is addressed to institutions providing finance lease of goods delivered by Polish companies to their foreign business partners.
Benefits
- Secure Capital
- We allow leasing companies to safely carry out a finance lease transaction by concluding a lease agreement with the foreign lessee.
- Protection of Lease Instalments
- We provide insurance of lease installments with a payment term of two or more years, ensuring the security of transactions carried out on foreign markets.
- Countries Covered
- The cover spans nearly 200 countries across the globe (in line with the current policy regarding state-backed export insurance).
- Repayment Guarantee
- KUKE can cover up to 100% of receivables.
- No Foreign Exchange Risk
- Payment of compensation under Finance Lease Insurance is guaranteed by the State Treasury.
- State Treasury Guarantee
- Compensation is paid in the currency of the finance lease agreement.
- International Protection Standards
- Insurance conditions meet international standards set by the OECD.
Eligibility criteria
Subject of Insurance
The subject of insurance is the principal amount due plus margins and other fees payable to the institution providing finance lease with a repayment term of at least two years . We may also provide insurance cover for the amount financing the insurance premium.
Credit Risk
The insurance covers post-shipment risk i.e. risk occurring after the subject of the lease is delivered to the foreign lessee. The leasing company obtains protection against the failure to recover lease installments under the terms and conditions of a lease agreement.
Covered Risks
Insurance cover is available for causes of loss qualified as commercial risk and political risk.
Do you have questions? Please contact us.
Adam Grzybowski
+48 885 855 553
Norbert Królikowski
+48 605 150 258