What is trade credit insurance?
What does trade credit insurance cover?
Trade credit insurance protects businesses from non-payment of commercial debt. It covers your business-to-business accounts receivable. If you do not receive what you are owed due to a buyer’s bankruptcy, insolvency or other issue, or if payment is very late, a trade credit insurance policy will reimburse you for a majority of the outstanding debt. This helps you protect your capital, maintain your cash flow and secure your earnings while extending your competitive credit terms and helping you access more attractive financing.
With trade credit insurance, you can reliably manage the commercial and political risks of trade that are beyond your control. Trade credit insurance can help you feel secure in extending more credit to current customers or pursuing new, larger customers that would have otherwise seemed too risky.
To learn more about "Bad Debt Reserves vs. Factoring vs. Letter of Credit vs. Credit Insurance". CLICK HERE
How does it work?
Customers Health Check
Credit limit calculated
Business as usual
Trading limit updates
Making a claim
Top reasons to buy trade credit insurance
Peace of Mind
Trade credit insurance solutions by company size
Multinational Corporation (MNC)
Trade credit insurance policies and features
Excess of Loss (XoL)