General AccidentTrade Credit Insurance
Trade Credit Insurance protects manufacturers, traders and service providers against losses from non-payment of a commercial trade debt. If a buyer does not pay (often due to bankruptcy or insolvency) or pays very late, the trade credit insurance policy will pay out a percentage of the outstanding debt.
Pre-requirements
Broker of Record- Commercial Registration
- Wassel /National Address
- VAT Certificate
- Proposal Form
- 3 years claims experience
- A declaration letter if first time insurance
- A Copy of Contract (Single Project)
- 3 years Audited Financial Reports in English