What is Trade Credit Insurance?
How does credit insurance work?
Trade credit insurance is an effective financial risk management tool that safeguards your company against losses sustained arising from non-payment of trade related debts. Credit Insurance ensures that your company is not adversely affected by the unforeseen failure of one or more of your customers; it is also a tool to help you manage your credit risks. It enables you to:
- Access to credit expertise and market knowledge from a worldwide leader in credit insurance.
- Effective, professional assessment of the financial situation of your customers,
- Indemnification of your unpaid debts
- Global debt collection services available worldwide for debt recovery