Strategic Intelligence for CFOs, Finance Directors, Controllers and Treasurers in Asia  | 
2012, May 23

Quick Guide to Trade Credit Insurance

Quick Guide to Trade Credit Insurance

by Atradius, 04 December 2010
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Credit insurance from Atradius is a straightforward, cost effective and flexible way to ensure you get paid for goods and services you supply. With credit insurance solutions designed for SMEs, Large Companies and Global Businesses, we have a credit protection solution to suit all sizes of enterprise. 

 

Trade credit insurance protects the money due for goods and services already supplied to a customer. Effectively any payment risk passes to the insurer. The credit insurer pays out in the event that a customer can’t pay, as a result of insolvency, political risk, exchange rate fluctuations and a host of other factors. The insurer will then pursue the customer itself for payment.

 

Without trade credit insurance, a company’s contracts are at risk of non-payment. With trade credit insurance, receivables are covered up to 90% of their value – greatly reducing exposure and increasing trading confidence.

 

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