kreditforsikring: what does it mean in Danish debt collection?
kreditforsikring in English: credit insurance
article
By InkassoHurtig team
update
Last reviewed 5 November 2026
info General information, not legal advice. Always check the current rules and get advice on your specific case. Disclaimer
Short answer
Insurance that covers losses if a customer does not pay.
Explanation
Credit insurance is mostly used between businesses. The policy usually only covers customers the insurer has approved, up to a set limit, and there is often an excess. Compare the premium with your expected losses and the cost of other solutions.
Read more
Article: Credit checks on new customers
Related terms
- kreditaftaleloven the Credit Agreements Act
- morarente late-payment interest
- konkurs, konkursbo, kurator bankruptcy, bankruptcy estate, trustee
- procesrente interest in court proceedings
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