CAP programs are a set of credit insurance products that can be endorsed to your existing Euler Hermes policy, enabling you to purchase additional coverage on credit limits that have been fully or partially declined. Our primary objective is to offer the most coverage under your existing policy, but there are situations where you have a need for coverage on higher risk buyers or those buyers for which limited information is available. These products allow you to make strategic trading decisions while maintaining sound financial management.
Choose the CAP product that meets your needs.
|Cap Product||Situation||Limit Size||Price||Where to Request Coverage||Fees|
|CAP+||Declined credit limits||Up to $75,000||6% per year (or 0.5% per month) of the value of the limit||EOLIS online policy management system||One time $25 credit limit fee|
|CAP||Partially approved or reduced limits||Up to $3,000,000||2% per year (or 0.167% per month) of the value of the limit||EOLIS online policy management system||One time $25 credit limit fee|
|Power CAP||Any large coverage need||Up to $3,000,000||Variable depending on several risk factors||Directly through EH representative||No credit limit fee|