Trade Credit Insurance

Looking for experienced and proactive Trade Credit Insurance experts? As award-winning AFSL licensed business insurance brokers, we help clients access the most suitable policies for their needs and budget. Call us on 1300 400 707 or fill in the form to speak to a Trade Credit Insurance specialist today.

Trade Credit Insurance protects your business from a financial loss due to non-payment by customers.  This form of insurance protects your debtors ledger which can be one of the biggest assets on your balance sheet.


What is Trade Credit Insurance?

If you sell trade or sell goods on a credit basis, you're at risk of a bad debt or non-payment by customers. This can disrupt your cashflow and leave you out of pocket.

Trade Credit Insurance is important for protecting your income and business assets against potential customer failure. With the right cover, you can grow your business confidently, knowing your protected if things go wrong.

directors and officers insurance sydney

Who needs Trade Credit Insurance?

All registered businesses that sell goods and services on credit terms, such as 30 days to pay, should consider credit insurance. This includes businesses that trade domestically and internationally.

Some trade credit insurance policies also off the bonus of working with designated collection agencies to help you recover your debts - taking the pressure of this difficult and time-consuming process.

We are award-winning Trade Credit Insurance experts

niba award
business insurance broker-niba award
QLD 2020 top insurance broker medal
2020 top brokerage
2020 top insurance broker rated by customers award medal
2020 top insurance broker rated by customers award medal
trade credit insurance project manager

Trade Credit Insurance: what's covered?

The coverage can vary between each policy.  The policy benefits available include:

Comprehensive cover protecting your entire credit portfolio 

Excess of Loss cover for protection for major exceptional loss across your entire credit portfolio. This suits businesses who what to self insure that working losses that will occur in a normal trading environment.

Key Account cover for businesses that require protection for their largest buyers

Single Buyer which provides single buyer coverage for quality credit risks

trade credit insurance open for business

Trade Credit Insurance: what's not covered?

Exclusions, the excess you need to pay and limits of liability can vary greatly depending on your insurer. Policies generally won't include cover for:

Failure to fulfil any terms and conditions of the contract or to comply with any provisions of law

Failure to obtain any import or export licence necessary for the performance of the contract

Any loss related to interest charges, penalties, legal costs and currency exchange rate charges

persons over the age of 75 unless agreed prior to the trip commencing

Trade Credit Insurance: free health check offer

trade credit insurance

Crucial Insurance is working with National Credit Insurance (NCI) to provide clients with free health checks. NCI has grown as a leader in Trade Credit Insurance with offices throughout Australia, New Zealand and Singapore.

NCI is working with Crucial Insurance to provide clients with a free health check that also includes the following complimentary services:

NCI and their panel of solicitors will review your client’s Credit Application/Terms & Conditions

NCI will review your overall credit management to see if there are any deficiencies in your approach and if they are able to offer quick solutions

  • NCI will provide you with a no-obligation Trade Credit Insurance Report, which will include quotations from major insurers. At the very least, this report will provide you with insights from insurers on the credit-worthiness of your customers.

Click below to claim this offer. If you are an existing client who is interested in Trade Credit Insurance, please contact your Account Manager.

Looking for reliable Trade Credit Insurance experts? Read our reviews

If you would like to get a quote for Trade Credit Insurance policy talk to one of our Crucial Insurance experts today.