Service Details
Credit Insurance provides protection to businesses against the risk of non-payment of commercial debts. It covers losses arising from customer insolvency, bankruptcy, or protracted default in payment. This policy typically safeguards trade receivables — one of the most critical assets on a company’s balance sheet — ensuring the financial stability and liquidity of the business.
Credit Insurance is vital for companies engaged in domestic or international trade, helping them manage credit risks, maintain healthy cash flow, and confidently expand their operations into new markets.
Frequently Asked Question
A: It covers losses arising from customer insolvency, bankruptcy, or extended delays in payment of invoices, both for domestic and export transactions.
A: Any business offering goods or services on credit terms can benefit from this coverage, particularly those dealing with multiple clients or operating in volatile markets.
A: Yes. Having Credit Insurance can improve a company’s creditworthiness, as it provides additional security to lenders and financial institutions.
Service Included
- Accounts Receivable Protection
- Domestic & Export Trade Coverage
- Debt Collection Assistance
- Enhanced Credit Management