FAQS

Accounts receivable form a critical aspect of any business. If your debtors cannot pay what they owe, your business risks incurring significant trade losses. Trade credit insurance or export credit insurance is a form of insurance coverage that allows you to safeguard accounts receivable from the risk of nonpayment. Export trade credit insurance policies are […]

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 […]

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 […]

No business owner wants to think about the worst-case scenario, but financial uncertainties happen more often than you think. Credit risk management is an essential part of running a business, particularly if you’re involved in international trade. If you’re thinking about purchasing a credit risk management insurance policy, you may have some questions about what […]

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, […]

If you’re considering purchasing political risk insurance from a private insurance company, you’re making a good long term investment in your company. Political risk insurance is a key part of risk management strategies for infrastructure developers and companies who do a lot of business in developing areas of the world. Purchasing this type of policy […]

The outbreak of COVID-19 has had devastating impacts on countries all across the globe, bringing booming economies to a grinding halt. Unfortunately, many businesses have suffered and crumbled under the weight of the global pandemic. Even businesses not directly affected by the COVID-19 pandemic have felt the wrath through the domino effect, seeing disruptions to […]

Credit insurance makes sure your business is protected in the event a client is unable to pay any credit debts they may have. Credit insurance policies are flexible and can be tailored to the specific needs of your business. Your individual policy can be modified to cover risks such as binding contracts and work in […]

Trade credit insurance can be incredibly important for businesses wanting to protect their balance sheet and accounts receivable when trading goods and services on credit terms. This insurance protects a business if their customer cannot pay their debt in events including insolvency, non-payment, protracted default and political risks. This type of insurance policy essentially repays […]