TRADE CREDIT INSURANCE
Trade credit insurance provides cover against the risk of businesses not being paid for goods or services that they sell, whilst also giving businesses access to detailed information and guidance on all aspects of trade from industry experts. Hence, trade credit insurance provides the key to successful trade. It champions innovation whilst also maintaining the highest standards of performance that only many decades of supporting businesses around the globe can bring.
Trade credit insurance is an enabler for businesses with almost 14,000 policies taken out by British companies in 2021 not only to protect their business, but also to see it grow. In 2021, ABI members insured almost £320 billion of turnover and enabled numerous trading partnerships to flourish.
These webpages explains what trade credit insurance is, how it works and the benefits it can bring to businesses of all sizes who trade in the UK. They provide details of the types of different policies available and how a business can take out suitable trade credit insurance.