Customer Insolvency
Can protect insured receivables when a covered buyer becomes insolvent or bankrupt.
Insurance Solution
Trade Credit Insurance
Credit risk protection for businesses seeking to protect eligible accounts receivable against customer insolvency, bankruptcy or prolonged payment default.
Coverage overview
What this solution can cover
Credit risk protection for businesses seeking to protect eligible accounts receivable against customer insolvency, bankruptcy or prolonged payment default.
Protracted Default
May respond when an insured customer fails to pay an eligible debt within the period defined by the policy.
Receivables Risk Management
Supports businesses in protecting cash flow and managing concentration of credit exposure across their customer portfolio.
Coverage, limits, deductibles and exclusions depend on the insurer and the final policy wording. NIB can help assess the risk and arrange suitable terms.