Trade Credit Insurance

Trade credit insurance — also known as accounts receivable insurance — protects a business against the risk that its commercial customers fail to pay for goods or services they bought on credit terms. For most companies, receivables are one of the largest assets on the balance sheet and often the least protected.

Coverage responds to customer insolvency (bankruptcy), protracted default (a customer that simply doesn't pay), and, on many programs, political risk for export sales. It can cover a whole turnover of accounts, key accounts only, or a single buyer.

Beyond covering the loss, trade credit insurance helps your clients sell more safely — extending larger credit limits to customers with confidence, borrowing against insured receivables at better terms, and getting early warning on deteriorating buyers through the insurer's credit monitoring.

Send us the applicant's annual credit sales, largest customers and credit limits, terms of sale, and loss history and we'll match the right market.

** Terms used here are a summary only. Always refer to the policy form for actual terms, conditions, and exclusions.