Trade Credit Insurance
The insurance protects your business with account receivable protection against losses due to credit risk.
Running a business poses many challenges especially those which are beyond your control. When your customer does not pay for the goods and services rendered, you are faced with a credit risk which can affect the quality of your bottom line and your profitability. Trade Credit Insurance protects your business with account receivable protection against losses due to credit risks such as customer’s insolvency, bankruptcy and failure to meet agreed payment terms and conditions. This insurance insures your company against your customers’ failures in paying their trade credit debts owed to you. As such, the trade credit insurance gives you the confidence to grow your business by minimizing your credit risk exposure, enhancing your relationship with customers, forging new customer relationships, improving banking relationships and access to finance.
- Simple, affordable and easy to implement trade-related insurance solutions
- Flexible trade-related insurance solutions tailored to the needs of companies of various sizes
- Domestic and worldwide – wherever you trade