Assignment of rights from an insurance policy

Apart from solutions addressed directly to financial institutions, we also offer the possibility to insure purchased receivables as part of agreements which an entrepreneur is a party of. In such a case, in the event of transferring ownership of receivables from a debtor to a factor, the entrepreneur signs an appendix to the agreement with the insurer, indicating the factor as the person to whose account the insurance agreement has been concluded.

The entrepreneur remains bound by the provisions of the insurance agreement.