What is Credit Insurance?

Credit Insurance is a specialized financial insurance policy that provides comprehensive protection for businesses against losses arising from customer defaults, insolvency, and non-payment of trade credit. It safeguards your accounts receivable and ensures cash flow stability.

This essential insurance policy covers commercial credit risks, including customer bankruptcy, protracted default, and political risks in international trade. It protects against bad debt losses and helps businesses maintain healthy cash flow while extending credit to customers.

Whether you're a manufacturer, distributor, or service provider extending credit to customers, Elevate Insurance offers comprehensive credit insurance policies with competitive premiums and expert support to protect your business from credit-related financial losses.

Credit Insurance Coverage

Comprehensive protection for businesses against customer defaults and credit risks.

  • Customer default coverage
  • Insolvency protection
  • Protracted default coverage
  • Political risk protection
  • Bad debt coverage
  • Cash flow protection
  • Collection services coverage

Add-ons

  • Export Credit
  • Domestic Credit
  • Political Risk
  • Currency Risk
  • Pre-Shipment
  • Post-Shipment
  • Whole Turnover

Benefits

  • Credit protection
  • Cash flow security
  • Expert support
  • Peace of mind
  • Comprehensive coverage
  • Quick claim settlement
  • Competitive premiums

Benefits of Credit Insurance

Credit Protection

Comprehensive protection against customer defaults, insolvency, and non-payment of trade credit.

Cash Flow Security

Protection against bad debt losses and ensures stable cash flow for business operations.

Risk Management

Advanced risk assessment and credit monitoring services to help manage customer credit exposure.

Expert Support

Access to experienced credit professionals and collection services for comprehensive support.

Business Growth

Enables confident credit extension to new customers and supports business expansion opportunities.

Why You Need Credit Insurance?

Credit Insurance is essential for any business that extends credit to customers. Here's why having comprehensive credit insurance is crucial:

Credit Protection

Protects your business against customer defaults, insolvency, and non-payment of trade credit.

Cash Flow Security

Ensures stable cash flow and protects against bad debt losses that could impact business operations.

Peace of Mind

Allows you to extend credit confidently knowing you have comprehensive protection against defaults.

Credit Insurance Coverage Includes

Customer Default

Protection against customer defaults and non-payment of trade credit and accounts receivable.

Insolvency

Coverage for losses resulting from customer insolvency, bankruptcy, and business closure.

Protracted Default

Protection against extended payment delays and protracted default situations.

Political Risk

Coverage for political risks in international trade including currency restrictions and government actions.

Bad Debt

Protection against bad debt losses and uncollectible accounts receivable.

Collection Services

Professional collection services and debt recovery assistance for outstanding accounts.

Credit Insurance Add-ons

Export Credit

Specialized coverage for export transactions and international trade credit risks.

Domestic Credit

Coverage for domestic trade credit and local customer credit risks.

Political Risk

Enhanced coverage for political risks including government actions and currency restrictions.

Currency Risk

Protection against currency fluctuations and exchange rate risks in international trade.

Pre-Shipment

Coverage for credit risks before goods are shipped or services are delivered.

Post-Shipment

Coverage for credit risks after goods are shipped or services are delivered.

Whole Turnover

Comprehensive coverage for all credit sales and accounts receivable of the business.

Credit Monitoring

Advanced credit monitoring and risk assessment services for customer credit evaluation.

How to Buy Credit Insurance Online?

The process of buying Credit Insurance online is simple and convenient. Here's how you can get comprehensive credit protection with us.

01

Share Credit Details

Provide information about your customers, credit terms, and accounts receivable to get accurate quotes.

02

Compare Credit Plans

Review different Credit Insurance plans and choose the one that best fits your credit protection needs.

03

Complete Purchase

Make secure online payment and receive your credit insurance policy instantly via email.