What is Trade Credit Insurance?
Protect Your Business With Trade Credit Insurance
When a customer is unable to pay within the contracted terms (a protracted default), a trade credit insurance policy indemnifies a proportion (up to 95%) of the debt owed.
Trade Credit Insurance also provides unparalleled information for your credit risk decisions for insight on who to extend credit to and what limits to offer.
Benefits of Trade Credit Insurance
How Much Does Trade Credit Insurance Cost ?
How your premium is determined:
- Your B2B turnover
- The countries where you operate
- The type of customers you deal with
- Your payment terms
- The desired coverage percentage
In many cases, the premium for credit insurance is less than 0.5% of turnover. Compare this to the average number of write-offs on your receivables, and you'll see that the investment is quickly recouped.
Credit insurance comes in various types and sizes, which also determine the price. For some credit insurances, you set a fixed price per turnover class. For most common policies, we calculate the premium as a percentage of your turnover.
+83 Million Businesses Monitored
2 Simple Steps to Understand Your Starting Price For Trade Credit Insurance
"The quote provided on this page represents an estimate based on the information provided by the user, has no binding value and must be further investigated by our sales team who will be able to modify the final price based on further information and checks. The information contained herein is not intended to be complete descriptions of all terms, conditions, limitations or exclusions; are provided for general information purposes only. "
Summary
Turnover ($)
$
% Export
%
Trade Sector
Enter your contact information as final step
"The quote provided on this page represents an estimate based on the information provided by the user, has no binding value and must be further investigated by our sales team who will be able to modify the final price based on further information and checks. The information contained herein is not intended to be complete descriptions of all terms, conditions, limitations or exclusions; are provided for general information purposes only. "
Your credit insurance policy would start from:
$
$
$
We're sorry, but a quote is not available at this time. Please contact us for more information and to find the solution that best suits your needs.
Summary box
Turnover ($)
$
% Export
%
Trade Sector
"The quote provided on this page represents an estimate based on the information provided by the user, has no binding value and must be further investigated by our sales team who will be able to modify the final price based on further information and checks. The information contained herein is not intended to be complete descriptions of all terms, conditions, limitations or exclusions; are provided for general information purposes only. "
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Credit insurance offers invaluable protection when B2B customers fail to pay.
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Trade Credit Insurance FAQs
Every business can benefit from good credit management. Trade credit insurance is one of the most important tools for that purpose. If you’re selling on open account terms to other businesses, then trade credit insurance could bring many benefits. Even if you trade on other terms we have services that can support and strengthen your trading activity.
We’ve designed a range of trade credit offers for different types of businesses and transactions. Every business can benefit from good credit management.
Please get in touch with us to discuss what would be most suitable for you.
Many businesses trade with long standing customers that seem well funded. They believe payment can be relied on. However, even the strongest commercial concerns can be affected by the economic cycle and commercial trends.
One Allianz Trade customer, EDPA, experienced this scenario when one of their oldest customers filed for bankruptcy and disputed EDPA's receivables. Read the EDPA case study for details.
"The Allianz Trade team made us feel so comfortable about the situation and confident that it would get resolved. When you are facing an enormous financial loss, having someone knowledgeable, supportive, and responsive in your corner can make all the difference. We are very, very happy with the service we received."
– Alp Benadrete, Managing Partner in Charge of the Home Textile Division for EDPA
It takes considerable investment in data collection to keep track of customers’ financial health and to evaluate the risk of non-payment. We make that investment so you don’t have to and we make the analysis available to you. Insurance backed by insight allows you to trade with peace of mind through all phases of the cycle – today and tomorrow.
Find the Best Trade Credit Insurance for Your Company
Trade Credit Insurance For Small Businesses
Trade Credit Insurance For Mid-size Companies
Trade Credit Insurance For Multinational Companies
Why Choose Allianz Trade For Trade Credit Insurance
DEDICATION
Clients worldwide
INSIGHTS
Businesses monitored
ASSURANCE
by Standard & Poor's
Our expertise and commitment
Allianz Trade is the global leader in trade credit insurance and credit management, offering tailored solutions to mitigate the risks associated with bad debt, thereby ensuring the financial stability of businesses. Our products and services help companies with risk management, cash flow management, accounts receivables protection, surety bonds, and e-commerce credit insurance ensuring the financial resilience for our client’s businesses. Our expertise in risk mitigation and finance positions us as trusted advisors, enabling businesses aspiring for global success to expand into international markets with confidence.
Our business is built on supporting relationships between people and organizations, relationships that extend across frontiers of all kinds—geographical, financial, industrial, and more. We are constantly aware that our work has an impact on the communities we serve and that we have a duty to help and support others. At Allianz Trade, we are strongly committed to fairness for all without discrimination, among our own people and in our many relationships with those outside our business.
, 10/16/2024
, 10/14/2024