Trade Credit Insurance
If you are a registered business that sells goods and services on credit terms (e.g 30 days to pay) you should consider trade credit insurance. This can protect you against bad debt and non-payment by customers disrupting your cashflow.
In order to save you time, some trade credit insurance policies offer for you to work with designated debt collection agencies.
- Comprehensive cover: Protecting your entire credit portfolio, including domestic and export customers.
- Excess of loss: Suitable for businesses with strong internal credit management processes who want cover for exceptional loss across their entire portfolio.
- Key account: Covers Key Account for clients requiring protection on their largest buyers; optional non-cancellable credit limits and deductibles.
- Single buyer: Covers single buyer coverage for quality credit risks.