A Trade Credit Insurance Policy is an essential risk management tool for businesses that sell goods or services on credit. A Credit Insurance Policy provides protection against the risk of non-payment by the customers. In a global economy, where trade involves transactions between multiple parties, a Trade Credit Insurance policy offers peace of mind and […]
Trade Credit Insurance Policy
How does a Trade Credit Insurance Policy work? [Infographic]
A Trade Credit Insurance Policy is an important tool which protects your business from unpaid invoices by insuring the accounts receivable. The Trade Credit Insurance Policy pays out a percentage of invoice value owed to the seller in case the buyer delays the payment, declares insolvency or is unable to make payment due to the […]
Letter of Credit vs Trade Credit Insurance
Today’s volatile economic environment has increased the risks for businesses manifold. The issue of unpaid invoices is one of the biggest challenges facing many businesses today. Fortunately, there are financial instruments which can be used to mitigate the risks of non-payment of invoices and this article will explain a couple of them: Letter of Credit […]
What are the exclusions in a Trade Credit Insurance Policy?
A Trade Credit Insurance Policy in India is one of the most important insurance policies for a business owner to secure himself against the risk of unpaid invoices. Today’s volatile economy has exponentially increased the risk of payment defaults. Many sellers have gone bankrupt because the buyers have defaulted on payments owed to sellers. So, many […]
7 Benefits of Trade Credit Insurance Policy in India [Infographic]
What are the Benefits of a Trade Credit Insurance Policy? Today a large part of business is conducted on credit sales. Receivables constitute approximately 40% of a company’s balance sheet and a payment default might lead to financial stress for the seller. In such a scenario, a Trade Credit Insurance Policy has emerged as an effective […]
What are the advantages and benefits of a Trade Credit Insurance Policy?
Accounts Receivables are one of the largest assets of a Company. A large part of today’s business is conducted on credit basis with the seller extending credit to the buyer. However, the risk of unpaid invoices is one risk which most business owners don’t pay enough attention to. Ignoring the risk of unpaid invoices can […]