WHY SEEK
TRADE CREDIT INSURANCE?
Credit insurance protects sellers against non-payment of buyers which may be caused by commercial or political risks
- Unlock the ability to offer counterparties the credit necessary to expand into new markets and accordingly boost business coverage.
- Safeguard against unforeseen losses from a counterparty nonpayment.
- Reduction in bad-debt reserves
- Facilitate financing by using insured receivables as additional collateral.
- Ease the burden of credit risk management
- Cover transactions that might otherwise exceed existing internal ceilings or obligor capacity limitations
- Mitigate excess risk concentrations
Covers debt arising from the supply or purchase of goods
Covers debt arising from service agreements
Covers debt arising from the manufacturing and/or supply of capital goods
Covers debt arising from project agreements
