Invoice Assurance Insurance

Invoice Assurance Insurance is an insurance product that secures the seller and the customer in sales with notes or installments.

Benefits of Invoice Assurance Insurance to Seller:

It offers a secure sale opportunity without credit card, without guarantor.

Prevents fraud.

It eliminates the collection tracking of bills.

Eliminates the costs of unpaid bills and execution follow-up costs.

The company may assign this insurance product to credit institutions and use it as a guarantee letter.

How Invoice Assurance System Works:

The customer comes to the store and selects the product to buy. The seller enters the information required to evaluate the customer from the Score Data screen and the evaluation result is displayed as Confirm or Reject.

Upon approval, the customer can purchase the product of his choice with a maturity of up to 4-24 months with a limit of 750 TL to 15,000 TL. Sales documents and promissory notes are signed by the customer and Invoice Assurance Insurance is issued from the system.

If the customer does not pay within 1 month of the installment, administrative follow-up process starts.

If two consecutive notes are not paid, a warning is sent to the customer. If the payment is still not made after 1 month, the Insurance Company will file a claim with the required documents. Compensation is paid to member affairs and after that the entire process is carried out by the Legal Department of the Insurance Company.