Credit Risk
Commercial credit insurance can be a valuable tool for managing your trade receivables. The Credit Risk Insurance policy covers the following:
- Protect your accounts receivable from loss due to insolvency or nonpayment
- Reduce reserves by creating a safety net against a bad debt write-off that could impact bottom-line earnings and equity
- Enhance receivables to create a lending-insured collateral-an important feature for banks
- Supplement your credit management with third-party evaluations of your customers' credit risk and market monitoring of the countries and industries where you trade