Business risk
Credit classification
Also: Credit limit
Maximum amount that the credit insurer agrees to cover for a specific client, reviewable at any time.
In practice
The insurer can reduce or withdraw it if the debtor deteriorates, and that decision comes before the default. Treating the classification as a risk alert, and not as an administrative procedure, is half the value of the policy.
Where it is addressed
This term is covered in the solution Crédito.
