COSEC launches new Bond Insurance solutions to support Portuguese companies

Lisbon, January 8, 2018 – COSEC, the leading insurer in Portugal in credit and bond insurance, has just launched new Bond Insurance products: Advance Payment Bond and Proper Payment Bond. These solutions aim to support Portuguese companies in their daily business activity and sustain their growth, ensuring the proper fulfillment of their legal and contractual obligations.

COSEC's bond insurance solutions allow national companies to ensure proper compliance with their obligations to the bond beneficiary, facilitating procedures and speeding up the decision and issuance of the Policy (in less than 48 hours), increasing the independence of companies by diversifying the guarantors and increasing their financial capacity. With these new products, COSEC further complements its line of bond insurance solutions.