During an economic downturn, or indeed even during normal times, a company you are dealing with may file for bankruptcy protection, and in the process eventually put your own business at risk. 'Credit Insurance' is a valuable tool to protect your company in the event of default or insolvency by one or more of your clients.
We offer several coverage options :
Classic Credit Insurance
Covers default or insolvency of customers previously screened and approved by the insurer.
Covers default or insolvency of a single client.
Excess of Loss
Covers default and insolvency of an entire portfolio of customers beyond a global excess level which, if it effectively occurred, could undermine the financial integrity or the very existence of your company.