Credit Insurance

Credit Insurance protects against the direct financial loss resulting from the insolvency or non-payment from a customer/buyer for commercial trading terms up to 360 days.

Standard policies cover the following events:

• Insolvency of a buyer.
• Protracted default (the non-payment of an account after a specified period of time).
• Repudiation or buyer non-acceptance of the goods.
• Many policies combine coverage for credit and political risks.

Credit insurance protects balance sheet assets and propels revenue growth by mitigating the related customer non-payment risk. Used as a financial tool, a credit insurance policy may unlock additional financial flexibility on a bank line, and potentially support innovative working capital solutions.