Accounts Receivables (Trade Credit) are one of a corporation's largest and most vulnerable assets. It is the second most liquid asset after cash and represents a significant investment of working capital. Trade Credit insurance protects against non-payment of receivables by your customers due to insolvency, creditors' protection arrangement or protracted default (late payment). In the case of export sales, the insurance can protect against non-payment due to certain political events beyond your customer's control. Click here (91 kb) to download a PDF of our Trade Credit brochure. |