What is Credit Insurance?

Your global financial solutions provider for trade receivables

Trade Credit Insurance

Trade credit insurance, also called accounts receivable insurance, is a financial tool which manages both commercial and political risks that are beyond a company’s control. It is protection against your customer’s failure to pay its trade debts. This can arise because your customer becomes insolvent or because your customer fails to pay within the set timeframe. With trade credit insurance, balance sheet strength is ensured, cash flows are protects, loan servicing costs are reduced and asset valuations are enhanced. A trade credit insurance policy also allows companies to feel secure in extending more credit to current customers, or to pursue new, larger customers that would have otherwise seemed too risky. It significantly reduces the risk of entering new markets.

Through the worldwide experience of the Group, Euler Hermes Chile offers customized and innovative solutions to companies regarding risk prevention, debt collection services and indemnity.

Euler Hermes Chile insures its clients against losses arising from insolvencies of buyers in their domestic or export markets or from political risks.

Prevention of non-payment risks

Euler Hermes offers companies expertise in managing buyer risks. Local teams around the world evaluate the financial position of buyers on a daily basis. Through our risk prevention services, Euler Hermes Chile helps companies base their business development on solvent customers.

Compensation for losses due to buyer insolvency

Losses on unpaid trade receivables covered by Group policies are indemnified at a rate agreed between insurer and client. The financial strength to the Euler Hermes Group is a guarantee in protecting the assets of its insured clients.

Innovative Solutions

We offer a comprehensive personalized service to secure the collection of your commercial operations. This service can be adapted to the needs of all national and international companies:

Risk prevention and selection

Credit recovery management

Non-payment indemnity