ACREDIA Veto provides retroactive cover against preferential payment claims.

ACREDIA Veto – in case the tide turns.

Our preferential payment insurance provides retroactive cover against preferential payment claims.


Preferential payment insurance covers you against preferential payment claims. But what does that mean exactly?

Imagine that you’ve fulfilled an order and been paid. Years later your customer goes insolvent, an insolvency administrator declares the payments void and requires you to repay the money you received years ago, with interest. That could be disastrous for many companies. As an ACREDIA customer, you don’t need to have sleepless nights. ACREDIA Veto preferential payment insurance covers your receivables retroactively!

Preferential payment insurance – cover that pays off.

Payments received can be declared void if the insolvency administrator maintains that …

  • you benefited from the payment at the expense of other creditors.
  • you were aware of or should have been aware of the insolvency of your customer at the time of the payment.
  • the contract concluded with you was disadvantageous to other creditors.

Is your answer “yes” to any of the following questions?

  • Instead of paying, has your customer ever assigned a receivable to you or given you a cheque that your customer itself received from one of its customers?
  • Have you threatened your customer with legal enforcement or an insolvency petition and did your customer then pay you to avoid such measures?
  • Has your customer made a payment after a cheque already bounced or a direct debit was returned?
  • Has your customer made nothing but losses in the months preceding the insolvency? If so, the insolvency administrator can argue that it could have been prevented if you had stopped supplying to the customer. 

If so, you’re at risk of preferential payment claims.

Preferential payment claims typically concern the last months before the start of insolvency proceedings. In extreme cases, payments from the previous ten years can even be voided retroactively.

ACREDIA Veto – your cover against preferential payment claims

Your cover with ACREDIA Veto

  • with retroactive effect for up to 10 years
  • for deliveries on credit and transactions where delivery is concurrent with payment
  • for legal costs incurred defending the claims
  • for any interest payments made to insolvency administrators
  • for all customers based in the EU, Norway, Switzerland and Liechtenstein
  • Select your desired insurance sum between EUR 75,000 and EUR 2.5 million.
  • independent of credit insurance


ACREDIA Versicherung AG

Himmelpfortgasse 29, 1010 Vienna