Simplicity
Your customer hasn’t paid the invoice?
Uncomplicated insurance protection. Numerous advantages. Simple pricing.
Option Basic or Option Power
60
Basic Option
All customers are insured from the start of the contract with the basic coverage of 60% of the claim within the scope of maximum compensation, unless the customer has already defaulted. You do not have to do much more and do not have to request a grade.
Option Power
The extended insurance protection for the «Power» coverage can be used for each of your customers to cover 90% of the claim. To receive the extended coverage, enter the customer data in our online tool BoniCheck. The decision is based on the Allianz Trade Grading System.
90
Grade 1-6
We increase the coverage to 90% of the claim and multiply the maximum compensation per customer by four in relation to the “Basic” option.
Grade 7
The coverage remains at 60%, the maximum compensation per customer is according to the “Basic” option.
Grade 8-10
No cover
What do I have to do?
Basic Option
All customers are covered from the beginning of the contract with the basic coverage of 60% of the claim, unless the customer has already defaulted.
You do not have to request a grade.
What do I have to do?
Power Option
In order to benefit from extended coverage, please proceed as follows:
- Enter BoniCheck and ask your customer’s grade (Guide: Make a request in EOLIS)
- Print/scan the grade request
- The following scenarios can occur:
- Grade: 1 to 6 = insurance rate: 90%
- Grade: 7 or not available = insurance rate: 60%
- Grade: 8 to 10 = No insurance protection*
*Please note that in the event of a grade request with a rating between 7 and 10, the basic protection from the Basic option will also be cancelled.
Notification of claims
My customer hasn’t paid,
what do I do?
Simple pricing
SIMPLICITY offers fixed prices within certain revenue classes. In the table below, select the row that corresponds to your annual revenue – the corresponding premium can be found in the right-hand column. It’s as simple as that.
Insured countries
Simplicity offers you protection in the major markets of Europe and America against economic risks.
Simplicity – an example
Example: You have a maximum liability per customer of CHF 10,000. A coverage rate of 60% applies. You submit a claim for CHF 12,000 in overdue invoices that we cannot undertake, as the claim is calculated as follows:
E.g.:
First, the coverage rate is applied: CHF 12,000 at 60% = CHF 7,200. Since the maximum compensation per customer in this case is CHF 10,000, we would pay a claim of CHF 7,200 (as long as the annual maximum liability per contract is not exceeded).
If you report a claim and we receive money from the debtor, a nominal collection fee will be charged.
Claim Notification with optional debt collection
