Trade Credit Insurance indemnifies the policyholder for the invoice value of goods delivered to a customer but unpaid due to the customer's insolvency or default.
Products
Domestic and Export Credit Insurance (DECI)
Domestic, foreign or global accounts receivable protection
Loss arising from buyer payment default due to insolvency
Protracted default coverage
Failure of exchange authority to grant conversion or transfer
Political risk extensions (war, expropriation, import/export restrictions)
Key Benefits
Protection against bad debts
Improved access to trade finance
Enhanced credit management information
Support for business growth and market expansion
Coverage for both domestic and international trade
Why is this important?
Extending credit to buyers is a fundamental part of trade - but it creates exposure to non payment risk. A single large default can seriously damage cashflow and business viability, particularly for SMEs.
Why choose Fenchurch Faris?
Our team works with the world's leading credit insurers to provide comprehensive trade credit protection tailored to your business, your markets, and your buyers.
