|
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
|
|
|
|
| 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. |
|
|
| 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. |
|
|
|
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
|
|