TRADE CREDIT INSURANCE SCHEME (TCIS)

Supporting the SMEs in Singapore

The Trade Credit Insurance Scheme (TCIS) was introduced by Enterprise Singapore to

defray the cost of insurance for companies by supporting part of the minimum premium payable.

How does the scheme benefit your business?

If your company qualifies, Enterprise Singapore can support up to 50% of the minimum insurance premium for TCI policies provided commercially by Singapore-registered credit insurers. This is subject to a maximum lifetime support of S$100,000 per qualifying Applicant Company.

Do your business qualify?Your company needs to fulfil the following criteria:

•Business entity is registered and physically present in Singapore, i.e. incorporated in Singapore with the Accounting and Corporate Regulatory Authority of Singapore (ACRA)

•Have a minimum of 30% local shareholding

•Maximum group employment of 200 employees or maximum group revenue of S$100M

Apply today

As your Trade Credit Insurance Insurer, Euler Hermes will assist you in the submission of your application for TCIS premium support to Enterprise Singapore.

Get in touch today:

Call us: +65 6589-3700 

Whatsapp us: +65 8126 7961

Get A Free Quote!
The Trade Credit Insurance Scheme (TCIS) was introduced by Enterprise Singapore  defray the cost of insurance for companies by supporting part of the minimum premium payable. If your company qualifies, Enterprise Singapore can support up to 50% of the minimum insurance premium for TCI policies provided commercially by Singapore-registered credit insurers. This is subject to a maximum lifetime support of S$100,000 per qualifying Applicant Company.