Policy types

Our core products cover:

Commercial Risk

With this product you are covered for non-payment for domestic and export sales due to insolvency or default. The main tool of the policy is the credit limit which is the cornerstone of the effectiveness and value of our policies. Accordingly we review them on a case by case basis and cover is then offered up to a specific insured limit.

We also offer a Discretionary Limit whereby the policyholder can trade with a customer without the need to inform us. Justification for this limit is based on trading experience with that customer, provision of a status report from an agreed third party agency or, most effectively, from our own on-line First Limit service, exclusive to policyholders.

Commercial and Political Risk

As above, but with this product you may also add political risk cover for insured countries outside OECD markets.

Catastrophe

Available for both Commercial risk only or Commercial and Political risk. This policy structure protects against the catastrophe risk. Predictable losses are excluded and a layer of cover is then purchased in excess of an agreed self-insured sum. The policy aims to provide cover above your own level of bad debt reserve.