FAQS

Structured trade credit insurance is essential for investors, financial institutions, and corporates operating within the highly volatile, structured trade finance landscape. It helps regulate credit default risks, particularly those linked with economic crises, non-payment for trade receivables, and political risks. It can also improve credit risk management by harnessing risk monitoring, credit information, and debt […]

Determining the best way to safeguard your business can be challenging. You might be wondering, “what type of insurance do I need to carry out international trade? Does the company require bonds? What is a surety bond, and what categories of surety bonds are available?” At Niche Trade Credit, we will help you find the […]

Is there a difference between trade finance and trade credit? Well, these terms confuse many people, which is why they are often used interchangeably. In this article, we will explain the difference between trade finance and trade credit. We will also explore the advantages of trade credit and why it’s favourable for small-scale exporters and […]

Trade credit insurance and factoring are both identifiable disciplines in debtor management. If you are in business with international clients, you may have realised that these tools are complementary. But what is the difference between these debtor management instruments? How are they related, and which is the right choice for your company? Read on to […]

Trade credit insurance protects businesses from the financial impact that may arise in case a customer does not pay for goods and services or if there are payment defaults. It gives businesses peace of mind when extending trade credit to new customers. A trade credit claim helps you cover losses arising from non-payment. Frequent bad […]

Political risk insurance is a unique subset of private insurance, used to cover infrastructure developers, importers and exporters, and other such companies from financial loss, due to the forced abandonment of a project or a client due to political instability in a country. This can be due to government action, political violence, and other political […]

If you’re new to the world of importing and exporting, or you’d simply like a refresher course on the different types of insurance coverage available to your company, you’re in the right place.  When it comes to insurance, exporters have many options. Export credit agencies are able to protect you against the risk of non-payment […]

Credit insurance and bank guarantees are both financial tools for satisfying payment obligations for international trade. Typically, they are promises from a lending institution that a debtor will settle their debt to a third party, regardless of the borrower’s financial circumstances. These financial promises assure the third party that if the borrower fails to repay […]

Trade and commerce insurance are integral parts of the contemporary world’s competitive global economy. Trade insurance allows businesses to establish a quality risk management system while trade credit insurance products safeguard businesses from instability, customer bankruptcy, and other credit risks. Different types of insurance covers can protect your investment from particular circumstances and issues. This […]

If you’ve been looking into protecting your balance sheet with trade credit insurance, you may be wondering about some general information behind the purchase of a “whole turnover” policy. What does whole turnover trade credit insurance cover? What does it mean?Can it protect my cash flow? Are there cancellable credit limits? Will my big key […]

If you want to minimise your credit risk when extending lines of credit to your customers, export credit insurance – also called trade credit insurance – is a great option. And covers your overall level of risk – from bad debts to risk to non payment these are described in your credit terms. Export credit […]

Trade credit insurance is an insurance product that covers your business against the risk of non-payment due to bankruptcy or default by a buyer. Essentially, your account receivable is one of the most important assets, which can also be highly vulnerable to other people’s actions. Trade credit insurance helps protect the value of your account […]

Export credit insurance or trade credit insurance is an essential tool to safeguard your accounts receivables. There are several ways to insure your foreign receivables, including invoice factoring or the letter of credit from export-import banks. With the number of alternatives available, you may be wondering whether export credit insurance is ideal for you. This […]

If you’re thinking about purchasing a trade credit insurance policy, you may have some questions about what this insurance protects. If so, you’re in the right place. In this blog, we’ll consider a sample trade credit insurance policy, and discuss the different coverages that are available, what you can expect to pay, and more details. […]

Political risk insurance protects businesses from contract frustration that arises due to unstable political events in foreign markets. While nearly all types of companies that conduct international trade can obtain coverage for political risk from reputable financial institutions, contractors need to understand how political risk insurance protects them specifically. Contractors who work in the construction, […]