Trade Credit

Trade Credit

About Trade Credit 
With this product you can trade with confidence and explore new markets or products, knowing that your business is protected against credit risk such as insolvency of your customers.

Our Trade Credit Insurance helps to protect you from financial losses that may be caused by the failure of a customer to pay, as a result of insolvency, political risk, or their refusal or inability to pay under the stipulated terms of a contract.

It increased access to finance, as we can provide your bank with the additional assurances that they need when extending financing to you. As well, help your business to gain a competitive edge in your market by identifying opportunities and risks and a reduction in your bad debt provision which, in turn a healthier balance sheet.

Key Trade Credit Insurance policies compensate a seller of goods or services if their buyer fails to pay, either through insolvency or protracted default. 

Policies are designed on a sales turnover basis. Cover options include:
❖ Whole-turnover
❖ Selective accounts 
❖ Domestic / export 
❖ Political risk 


How does trade credit insurance works?