Trade Credit Insurance

Worried About Your Accounts Receivable Going Unpaid? 

Whether you're a veteran exporter or just starting with domestic expansions, Armour Insurance can support your growth while shielding you from risk. 

What is Trade Credit?

Trade Credit is a type of insurance that you can purchase to insure your accounts receivable. Trade credit offers protection against non payment. If your client has defaulted on their payment for 6 months, trade credit can provide payment for the outstanding balance. 

Coverage is available to cover up to 100% of the balance owed. Policies are available for lesser percentages of owed balance as well. 

Policy terms for trade credit are usually 30-60 day policies for accounts receivable during that period. Account inactivity during your policies effective date can be claimed retroactively (if non payment becomes a factor 180 days after the policy, you can still make a claim). 

Trade Credit Benefits

• Enhanced Borrowing Ability
• Balance Sheet Protection
• Ability to offer open credit management
• Confidence to expand your market

Contact one of our commercial brokers for your free estimate on Trade Credit Insurance