Credit Insurance: Product Profile

Domestic Credit Insurance

 

Provides credit insurance protection against debtor defaults incurred by customers based in South Africa

 

Export Credit Insurance

 

  • In global trade your credit risks are that more pronounced
  • Export Credit Insurance may include political risk cover in addition to the debtor defaults etc.
  •  Such cover often reduces the need for letters of credit.

 

Catastrophe Credit Insurance

 

Provides credit insurance protection for companies who are able to absorb the typical bad debt losses, but require cover against the catastrophe loss (which is business threatening) or an accumulation of many losses in one year.

 

For more information about credit insurance, please don't hesitate to contact us.

 

 
 

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Newsroom

Strict Product Liability on the cards

2009-06-24

The new Consumer Protection Bill, which has now been enacted, will have far reaching consequences for South African business in that Section 68 imposes Strict Liability on producers, distributors or suppliers to supply or manufacture goods free of defect...  


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Late Claim Notification may mean "No Claim"

2009-03-30

The rule of thumb to avoid falling victim to a claim denied on the basis of Late Notification is to notify your insurer and /or broker of any event that may give rise to a claim, no matter how small or trivial the event may seem. Rather let your insurers take whatever action they deem fit – this is after all why you pay them insurance premiums

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