Trade credit insurance protects your business against both commercial and political risks that are beyond your control. It improves the quality of your bottom line and helps you to grow profitably, minimizing the risk of sudden or unexpected customer insolvency. Credit insurance gives you the confidence to extend credit to new customers and also improves access to funding, often at more competitive rates. Trade credit insurance is for short-term account receivables i.e. those due within 12 months.
This type of insurance needs an expertist to explain to client for deep understanding and to find the right insurance company who has financial stability to protect the risk. Indosurance has a privilige channel to deal with local and international company as well as international reinsurance company.