Business risk
Waiting period
Also: Indemnity period in credit
Time that must elapse from non-payment until the credit insurer pays the indemnity for prolonged default.
In practice
It ranges from thirty to one hundred and eighty days depending on the policy and the debtor's country. It is the variable that connects the cover with the treasury: covering the risk is not the same as getting paid on time.
Where it is addressed
This term is covered in the solution Crédito.
