Excess of losses
Financial protection against unpaid debts, designed for large companies with significant risk of losses.
At SABSEG, we offer Excess Loss insurance that protects companies from unpaid debts exceeding an agreed deductible, ensuring financial peace of mind in critical situations.
This insurance covers the unpaid debts of a company that exceed a franchise agreed upon with the insurer. It is similar to a Comprehensive Insurance, but focused on the credit of customers.
Highlights
Our Excess of Loss policy is designed to provide comprehensive protection for businesses with specific needs.
Annual Aggregate Franchise
From that accumulated amount, the insurer takes care of the rest of the unpaid amounts for the year, known as significant losses.
Coverage
Up to 90% of unpaid debts, thus ensuring solid protection.
When it is paid
At the end of the year, unpaid amounts are justified, and the insurer pays the insured amount, minus the deductible.
Protection
The insured has the freedom to assign risks to their clients following their own procedures, which must be previously reviewed by the insurer.
For large companies
Ideal for companies with a turnover of over 30 million euros that have an internal risk management department and are concerned about the risk of large-scale incidents.
Coverages
This insurance provides vital financial protection, covering up to 90% of unpaid debts, tailored to the specific needs of each client.
Excess of losses
How can we help you?
Contact your specialists for Excess of losses