All our policies are written in plain English and are designed to be as straightforward as possible. Each type of policy is capable of being customised to suit each policyholder's requirements.
The core products available are as follows:
Commercial Risk
With this product you are covered for domestic and export commercial risk due to insolvency and default. The main tool of the policy is the credit limits, which are the cornerstone of the effectiveness and value of our policies. Accordingly we review these on a case by case basis and cover is then offered, up to a specific insured limit.
We also offer a Discretionary Limit whereby the policyholder can trade with a customer without the need to inform us. Justification for this limit is based on the trading experience with that customer or provision of a status report from an agreed source.
Commercial and Political Risk
As above but with this product you may also include political risk cover in addition to commercial risk, for insured countries outside OECD markets.
Catastrophe
This policy type is available for both commercial risk only or commercial and political risk. This policy structure as the name implies protects against the catastrophe risk. Predictable losses are excluded and a layer of cover is then purchased in excess of an agreed self-insured sum. The policy aims to provide cover above your own level of bad debt reserve.