Review premiums
On receipt of an insurance application we charge a review premium based on order amount, regardless of the scope of the eventual coverage. In cases of stand-alone pre-shipment risk coverage, premiums are calculated on the basis of insured production costs rather than contract value. For stand-alone buyer credit insurance, we calculate the premium based on the amount of the insured loan rather than the order amount. In cases of combined supplier and buyer credit insurance that involve substantial review work, we charge our review premium only once, on the higher value.
Contract value up to | Premium |
100 000 | 500 |
250 000 | 900 |
500 000 | 1 200 |
2,5 Mio. | 1 500 |
5 Mio. | 2 300 |
10 Mio. | 3 800 |
15 Mio. | 5 300 |
30 Mio. | 6 300 |
50 Mio. | 7 000 |
100 Mio. | 8 000 |
over 100 Mio. | 9 000 |
(All amounts are listed in CHF)
Version: 14.11.2008