Trade credit insurance protects your business against both commercial and political risks that are beyond your control. It improves the quality of your bottom line and helps you to grow profitably, minimizing the risk of sudden or unexpected customer insolvency. Credit insurance gives you the confidence to extend credit to new customers and improve access to funding, often at more competitive rates. Trade credit insurance is for short-term account receivables – i.e. those due within 12 months.

Credit insurance protects your company against the failure of your customer to pay their trade credit debts owed to you. These debts that can arise as a result of that customer becoming insolvent or failing to pay within agreed terms and conditions (i.e. ‘protracted default’).