CFS INTERNATIONAL INSURANCE SERVICES

Insurance Solutions Worldwide

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Credit Insurance

   Benefits of Credit Insurance
   Types of Coverage
   Products
   Frequently Asked Questions
   Request a Free Assessment

Credit Reports
   Business Credit Reports
   Price List
   Order a Credit Report

For Exporters
   What We Do
   International Financing Programs
   Products and Services
   Implementing the Program

For Lenders
   What We Do
   Products and Services


 
Types of Coverage
Domestic Credit Insurance - For local sales within the United States, insurance covers against bad debt losses caused by insolvency and/or protracted default for a single buyer or entire portfolio of receivables.
Export Credit Insurance - For international sales, insurance covers various risks including insolvency, protracted default and political events in the foreign country.  Coverage is available for a single overseas buyer or entire portfolio of foreign receivables. 
Pre-Delivery Coverage - Covers where goods are made to order. Coverage is for the insolvency of the buyer and/or political default/political frustration. May be offered on a stand-alone basis or attached to a domestic or export credit insurance policy. 
Coverage Risks
Commercial Risk - Failure to pay due to:
  • Insolvency
  • Bankruptcy
  • Protracted Default
Political Risk - Events that are beyond the control of the buyer and are caused by government action which include:
  • Revocation of import license
  • Expropriation of assets
  • Payment due to war, revolution, or insurrection
  • Currency inconvertibility
  • Change in import/export regulations
Comprehensive Risk - Includes both Commercial and Political Risks.
Products

For Exporters:

For Lenders:
  • Short term - Single Buyer
  • Short term - Multi-Buyer
  • Medium Term - Single Buyer
  • Export Letter of Credit Policy
  • Financial Institution Buyer Credit Policy
  • Medium Term - Single Buyer

Notice: Information contained on this website is for general informational purposes only. Coverages and services mentioned will not be available for all entities. Please refer to your actual insurance policy and all endorsements for actual coverage information.

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