Tools
Do the maths before we talk.
Calculators and checks that put your risks into numbers. The calculations are illustrative and are not a quote.
Trade credit
How many new sales it takes to recover one unpaid invoice.
New sales needed to recover the loss
With an 8% margin, one unpaid invoice requires new sales 12.5 times larger just to get back to zero.
How it is calculated
Sales needed = unpaid receivable ÷ net margin. With insurance the insurer pays 90% of the receivable, so only the retained share is left to recover: receivable × 10% ÷ margin. The indemnity percentage depends on the policy. The calculation is illustrative and is not an offer.
Underinsurance
How much of a loss you bear when the sum insured is too low.
Left for your account
Property: insured 70%
The loss: 300 000 €
- The insurer pays210 000 €
- You bear90 000 €
The insurer pays the same share of the loss as the share of value insured — 70%. The rest is yours.
How it is calculated
Indemnity = loss × (sum insured ÷ actual value). When the sum insured is below the value, the indemnity is reduced in the same proportion (“average”). First-loss policies are the exception. The excess is not included. The calculation is illustrative.
Cost of downtime
What one day of standstill costs your business.
Loss for the whole downtime
20 days × 6 000 € per day
- Lost gross profit120 000 €
- Extra costs0 €
Each day of downtime costs about €6,000 in gross profit — fixed costs and salaries keep running.
How it is calculated
Loss per day = annual turnover × gross profit ÷ working days. Total loss = loss per day × days of downtime + extra costs. Business interruption cover pays the lost gross profit and the extra costs for the indemnity period after an insured property loss. The calculation is illustrative.
CMR limit
How far the carrier is liable and how much is left uncovered.
Not covered by CMR
The cargo: 400 000 €
- The carrier is liable up to193 256 €
- Left uncovered206 744 €
The amount above the carrier's limit is covered only by cargo insurance.
How it is calculated
Limit = gross weight (kg) × 8.33 SDR × SDR rate (CMR art. 23(3)). Above this limit the carrier is not liable, except for wilful misconduct or a declared value. The current SDR rate is on the IMF website. The calculation is illustrative.
Leasing and GAP
The gap between Casco and the lease balance after a total loss.
Still owed on the lease
The car: purchase price 40 000 €
- Casco pays about28 000 €
- Left on the lease5 000 €
- Short of the purchase price12 000 €
GAP covers the difference — up to the outstanding lease or the purchase price, depending on the policy.
How it is calculated
After a total loss Casco usually pays the market value at the date of the event, less the excess. Gap to the lease = outstanding balance − market value. Gap to purchase price = purchase price − market value. The calculation is illustrative.
