Trade credit insurance is a business protection solution that safeguards companies against financial losses resulting from a buyer’s failure to pay for goods or services sold on deferred payment terms.

The coverage applies to both domestic and international markets, helping businesses mitigate risks related to customer insolvency or bankruptcy.

In addition to insurance protection, the service includes buyer creditworthiness assessments, ongoing monitoring of their financial stability, and the establishment of individual credit limits.

The policy covers losses arising from customer insolvency, bankruptcy, or prolonged non-payment — and for exporters, protection can also extend to political risks.

In the event of overdue payments, the service includes debt collection support, and if recovery is unsuccessful, compensation is provided for the insured portion of the loss as specified in the policy.