Credit insurance
Protect yourself against financial loss!
Business insurance
Necessary insurance
Credit insurance protects against financial loss arising from the insolvency or non-payment of a customer or buyer to whom you have agreed payment terms of up to 360 days. A typical credit insurance policy covers the following risks:
- Insolvency of a buyer
- Default (non-payment of a claim after a specified period of time)
- Repudiation or refusal by the buyer to accept the goods
Many policies cover credit and political risks. Credit insurance protects balance sheet assets and promotes sales growth by mitigating the risk of non-payment by buyers.
When used as a financial instrument, credit insurance can provide additional financial flexibility for a bank line of credit, and potentially support innovative working capital solutions.
Tackle your risk mitigation and financial engineering objectives with a customized policy.