Name: Trade Credit Insurance
Rating: 4.9 (20982 reviews)

Compare the best plans and rates for Trade Credit Insurance in Thailand with us.

What is Trade Credit Insurance ?

Protect your business against financial losses due to non-payment by customers.

Trade Credit Insurance is a form of insurance that provides protection against the risk of non-payment from customers resulting from offering credit for the purchase of goods or services. Business owners can purchase trade credit insurance to mitigate the risk of default on payments by customers or the collapse of their businesses.

Trade credit insurance helps to reduce the risk of trade and increase confidence in business transactions for business owners. Additionally, it helps to expand business opportunities by allowing business owners to sell products or services to high-risk customers without worrying about non-payment. In the event of loss, the insurance company will compensate for damages in accordance with the terms and conditions outlined in the insurance policy agreed upon by the business owner.

Who should buy Trade Credit Insurance ?

Trade Credit Insurance is suitable for businesses that engage in international trade, such as :

Exporters
Importers
Wholesalers
Manufacturers
Distributors

Trade Credit Insurance is something to consider for businesses looking to protect themselves from the risk of non-payment by their customers.

What does a Trade Credit Insurance policy cover ?

Trade credit insurance is a special insurance policy designed to protect companies that sell goods and services on credit. This insurance can significantly improve a company's liquidity by reducing the risk of non-payment or delayed payment for goods being sold. This type of insurance can also help businesses expand by allowing them to offer credit terms to their customers without having to worry about the risk of non-payment or delayed payments.

Trade credit insurance is that it relieves the company of risk. With this insurance, businesses can operate with a peace of mind knowing that they are protected, if a customer defaults on payment. This can be especially vital for small and medium-sized businesses that may not have the financial resources to absorb a significant loss due to a default

In addition to protecting against the risk of non-payment or late payment, trade credit insurance can also provide compensation for goods sold if the buyer fails to pay as agreed in the sales contract. This can be a critical protection for businesses that rely on receiving timely payments from customers to maintain cash flow and meet financial obligations.

Another important aspect of trade credit insurance is indemnification in the event a buyer files for bankruptcy. This can be a significant problem for businesses that sell goods and services on credit, as the risk of bankruptcy is always present. With this insurance, businesses can be sure that they will be compensated for the outstanding balance of the buyer, even in the event of bankruptcy. Overall, trade credit insurance can provide important protection and peace of mind to businesses looking to expand and grow.

How much does a Trade Credit Insurance policy cost ?

The premium rates for Trade Credit Insurance are mainly determined by the following factors.

Insured Amount
Industry Type
Creditworthiness of buyers
Payment terms offered to buyers
Length of time in business
Exporting activities
Sales channels

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Why do you need to buy Trade Credit Insurance via us ?

Compare Trade Credit Insurance Offers from variety of insurers

Get offers (plans and pricing) from different insurance companies in one place, without the hassle of contacting each company individually. With our expertise, we know exactly which companies you need for your insurance requirements.

Manage your business via our Super-App

Forget about complicated steps and the hassle of buying group business insurance. With us, you can consult with our experts right away, no matter what type of group insurance you need

Why Us ?

Stremline your business group insurance with our dashboard business portal. Buy, manage, or cancel your business insurance policies via our portal right away. Easy and flexible.

Why Us ?

You are in safe hands! - Our customer service teams specializing in business group insurance are committed to providing prompt and efficient service. They understand that time is of the essence when it comes to insurance claims and inquiries, and work quickly to resolve any issues or concerns that customers may have.

Trust our team to reduce your customer risk with our services.

We are experts with over 20 years of experience serving over 1M+ policies issued worldwide across a variety of industries including travel and tourism, retail, and hospitality to name a few.

Customer service is our core value

Customer service is our core value since our founding. Having our roots in the direct insurance broker business we have never strayed from our excellence in customer service.

Underwritten by Leading Insurance Companies

All our services are underwrite by leading insurance companies and are up to the industry standards offering even more than traditional comprehensive insurance plans. All protection is complying with all laws , regulations, and compliance.

Proven results

We work closely with businesses to understand their unique insurance requirements and identify areas where savings can be made. We offer a range of services, including policy analysis, risk assessment, and coverage review, to ensure that businesses are getting the most value from their insurance policies.