Specific Customer

This policy provides cover for a single customer usually your largest or for ‘one off’ contracts and is available for both UK and export sales. Cover can be for up to 100% indemnity, often on a non-cancellable basis and can include work in progress.

Key Customer

Covers a specified number of your largest customers, both UK & export, with indemnity varying between 90% and 100%. This policy can also be extended to cover additional risks such as work in progress.

Wholeturnover

The traditional form of Credit Insurance, flexible and adaptable to most situations for domestic sales, export or a combination of both, with indemnity up to 100%. Incorporates the use of on-line credit checking systems and where required debt collection services. Policies can be extended to cover variations that arise in most trade sectors.


Excess of Loss

Covers the same risks as other policies but intended for the larger company that can absorb a reasonable amount of bad debt.
A non-qualifying loss will be agreed to eliminate predictable lower level losses and above this level bad debt losses accumulate within a second predetermined band referred to as the annual aggregate.
Cover of up to 100% of each qualifying loss in excess of the agreed aggregate is available. Policies may be capped at an agreed ceiling of annual losses – the ‘maximum liability’.

Global

For multi-national companies policies can be sourced centrally from one insurer and policies provided in the language and currency of individual subsidiaries with the structure tailored to each subsidiaries requirement whilst benefiting from the groups buying power.



Specialist Trade Sector Policies