Export Credit Insurance protects an exporter of products and services against the risk of non-payment by a foreign buyer. Even creditworthy buyers could default on payment due to circumstances beyond their control. Choose the best credit insurers with customized products suiting your needs through thouzandbucks.com.

High Points

1. Credit Insurance allows exporters to offer competitive open account terms to foreign buyers while minimizing the risk of non-payment.
2. With reduced payment risk, exporters can increase export sales
3. Even the creditworthy buyers could default on payment due to circumstances beyond their control.
4. When accounts receivable are insured, lenders are more willing to increase the exporter’s borrowing capacity and offer more attractive financing terms.
5. Most importantly, Credit Insurance does not cover physical loss or damage to the goods shipped to the buyer. Credit insurance does not provide cover for cash sales, for payments made in advance or Commercial disputes including the quality disputes raised by the buyer or Foreign Exchange fluctuations, any of the risks for which coverage is available through commercial insurers etc.