Single cover as a supplement to the product offer of trade credit insurers used in risk management processes in enterprises

Abstract

The article describes the problem of the insolvency of contractors compared to other types of risks. The attention was drawn to the most frequent consequences of implementing the risk resulting from a late payment or a loss in Poland compared to other Eastern European countries. As part of the conducted research, the sources of information used at the stage of assessment of business partners as well as the solutions applied in the processes of securing the deferred payment date were analysed. At the same time, some attempts were made to assess the availability of insurers' offer regarding the possibility of insuring commercial credit. The aim of the paper is to assess the level of suitability and reasons for using the single cover insurance as an alternative to classical trade credit insurance in processes that stimulate the economic security of enterprises in the area of the risk of losing receivables.