Financial insurance

• Insurance on the settlement of repatriation expenses and/or of amounts incurred by tourists, for the insolvability or bankruptcy of the tourism agency (ANAT)

  The coverage of the risk of failure to pay the debt the tourism agency has to the tourist (the beneficiary of the insurance), within the meaning of the tourist service pack trading contract concluded with it, in case of the insolvability or bankruptcy of the tourism agency.... more details

• Guarantee insurance of the risk of failure of payment of the outstanding debt for dealer agreements (IATA)

  Coverage of the risk of financial losses of the beneficiary caused by the failure to pay the value of the tickets sold by the Contracting Party on the due date. The proven net financial loss is the loss of amounts of money afferent to all supported transactions on their maturity date or after the maturity date, due by the Agent when the Contracting Party was... more details

• Insurance on the financial losses of tourists, resulted from the failure to perform the contracted trips (STORNO)

  The insurance policy covers the financial losses the Insured may incur during the policy validity term, due to the Tourism Agency’s total or partial withholding of the counter value of the tourist pack, as penalty, for the failure to perform the travel contract due to reasons that are independent of its will.... more details

• Guarantee insurance of the road transport operator financial capacity (ARR)

  The insurance policy covers the financial losses generated by the Insured to the Contracting Party (losses resulting from the failure to perform or the improper performance of the contractual duties, on road transport, performed by law) only due to the Insured being declared to be subject to bankruptcy.... more details

• Bid bond insurance

  The insured - the economic agent (contractor, provider, equipment supplier) holding the position of Tenderer which binds him to meet the duties derived from the call for proposals. The beneficiary of the insurance is the Contracting authority mentioned in the award documentation, with which the Insured will conclude a public procurement contract. The ... more details

• Insuring risks derived from bank loan agreements

  The insured risk deals exclusively with the financial losses the Insured has incurred due to its incapacity of payment and/or the certain insolvability that was proved by the documents held by its debtors, natural or legal persons. This type of insurance is applied strictly to insured such as financial-banking institutions; for loans intended as: vehicle ... more details