Within a classic credit insurance, the coverage starts as soon as the goods or services are delivered. However, when you carry out custom work for a customer, you are also exposed to risk before you deliver the product or complete the service. For example, you have already purchased materials or manufactured special goods before you can actually deliver a processed product. It may happen that the customer goes bankrupt during this period. This period between order confirmation and delivery or completion of the service is therefore called the pre-delivery risk or manufacturing risk. Covering the pre-delivery risk ensures that you receive compensation for the costs already incurred (purchase of raw materials, production costs, labour costs).
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