This policy protects amounts receivable against non-payment from the buyer due to insolvency, protracted default and political risks (for exports only). This policy is offered by insurers for domestic trade and exports and is an effective tool indemnifying business risks.
Credit Insurance can help companies protect their account receivables, expand sales to existing customers without increased risk, offer more competitive credit terms to new customers in new markets, help protect against potential restatement of earnings, optimize bank financing by insuring trade receivables and supplement credit risk management.