Novo Insurance - Professional Insurance Services

Credit Insurance

Type: Corporate Insurance | Category: Miscellaneous Insurance

Policy Details

Learn more about the Credit Insurance policy.

Credit Insurance

Description

Credit Insurance protects businesses against non-payment or delayed payment by buyers (domestic or export), due to insolvency or political risk.

What is This Policy?

Credit Insurance protects sellers from non-payment by buyers, helping secure working capital and trade cycles. It’s essential for companies with credit sales or export exposure.

What is Covered

The policy covers losses arising from buyer non-payment due to insolvency, default, or political risk (like import bans or war for exports). It helps maintain liquidity and facilitates easier access to bank finance by assigning receivables.

Who Should Buy

Exporters (especially SMEs), Wholesalers, manufacturers, suppliers offering 30/60/90-day credit, Companies entering new geographies or buyer relationships.

Key Features

Get in Touch

Request a free consultation for the Credit Insurance policy.

Contact Information

123 Financial District, Hyderabad, Telangana 500032

+919100509675

info@novoinsure.com