Credit Insurance in partnership with Atradius

Credit Insurance helps protect your business from losses that may be caused by the failure of a customer to pay. It is designed to enable your business to trade with confidence and explore new markets or products, knowing that you’re protected against credit risks.

Benefits of Credit Insurance

Using Trade Credit Insurance can provide your business with:

• A safety net that provides you with further opportunities for growth, as it enables you to test new markets and products, safe in the knowledge that you will be protected against bad debt.
• Support in defining your strategic pathway, through identifying opportunities as well as risks
• A healthier balance sheet through a reduction in the need for bad debt provision
• Increased access to finance, as we can provide your bank with the reassurances they need when extending finance to you

Covered Causes of Loss

■ Commercial Risks

• Insolvency
• Protracted Default

■ Political Risks

• Moratorium
• Transfer delay
• Discharge of debt
• War
• Natural disaster
• Contract frustration
• Export license cancellation
• Public buyer default

For more details on Credit Insurance, please contact Ms. Rachel Pioquinto at 04-7035002 or send email to rachel.pioquinto@alfuttaim.com.