Temporary State Top-Up Credit Insurance (TASK)

With TASK, reduced or lower set credit limits on debtors of credit insurance clients can have an addition of maximum the same amount as the (newly) set credit limit for a maximum period of 3 months under certain conditions. The Dutch Sate reinsures these additional credit limits.

The TASK is a temporary facility that is set up by the Dutch State and is executed by the Dutch credit insurers. The facility is meant for domestic and international trade.

Costs

The costs of TASK are:

A premium of 1,5 per cent of every granted TASK credit limit per debtor per 3 months;

250 euro policy costs and;

50 euro per TASK credit limit request per 3 months.

More information

For more information about TASK, you can visit the website of the Ministry of Finance or the Insurers Association.

Are you a client of Euler Hermes? You can find detailed information on EOLIS or the secured client website.