What is Trade Credit Insurance and how does it work?

Trade Credit Insurance protects businesses when customers don't pay invoices due to insolvency or default. It covers 80-95% of outstanding debt, ensuring cash flow stability and enabling safe business growth.

How much does Trade Credit Insurance cost?

TCI premiums are typically 0.1% to 0.5% of your annual sales turnover, depending on your industry, customer creditworthiness, and geographic markets served.

TRADE CREDIT INSURANCE

Trade Credit Insurance (TCI), also known as accounts receivable insurance or debtor insurance is a risk management solution that protects sellers of goods or services on credit against non-payment due to buyer's insolvency, willful default and political risk.

Trade Credit Insurance (TCI) not only protects your balance sheet but also empowers you to confidently expand into new markets, engage with lesser-known clients, and offer flexible payment terms to buyers.

Trade Credit Insurance - Protect your business from customer defaults

KEY BENEFITS

PROTECTION

Prevent losses by receiving insurance claim for the goods or services you sold
Protect the company's P&L and Balance Sheet against bad debt, maintain cash flow
Receive worldwide debt collection and legal services

INFORMATION

Continuous and professional assessment of your clients' financial situation
Track the financial health of your business partners. Be the first to receive information about your clients' financial difficulties
Improved credit decisions

GROWTH

Prevent losses by receiving insurance claim for the goods or services you sold
Protect the company's P&L and Balance Sheet against bad debt, maintain cash flow
Receive worldwide debt collection and legal services

MULTIMODAL TRANSPORT OPERATOR (MTO) INSURANCE

Multimodal Transport Operator (MTO) Insurance provides comprehensive liability protection to MTOs and freight forwarders for loss of or damage to cargo during door-to-door, multi-leg transportation under a single contract of carriage.

The cover applies across all modes—sea, air, road, rail, and inland waterways—and addresses legal liability under the Multimodal Transportation of Goods Act, 1993 and applicable international conventions. It also includes third-party liability and errors & omissions arising from documentation or handling mistakes, while ensuring compliance with DG Shipping requirements.

MTO Insurance safeguards operational liabilities, enhances regulatory compliance, and strengthens client confidence in logistics operations.

MTO Insurance - Protect multimodal transport operations

MTO INSURANCE BENEFITS

PROTECTION

Protects the MTO / Freight Forwarder against legal liability for loss of or damage to cargo while in their custody, applies on door-to-door, warehouse-to-warehouse basis under a single multimodal transport contract.
Covers defence costs for claims, suits, and legal expenses arising from cargo loss or damage.
Covers transit across Sea, Air, Rail, Road, and Inland Waterways. Liability governed by Multimodal Transportation of Goods Act, 1993 (India) and international conventions, where applicable.

INFORMATION

Supports compliance with registration requirements of MTOs under Indian law
Liability limits aligned to MMTG Act, 1993, Hague-Visby Rules (Sea leg), CMR Convention(Road leg – where applicable), Warsaw / Montreal Convention (Air leg). Helps manage exposure arising from subcontracted carriers and logistics partners

Liability Coverage - DG Shipping regulations compliance

GROWTH

Ensures financial protection against cargo claims, enhances confidence of cargo owners,shippers, and overseas principals.
Supports uninterrupted logistics operations and long-term client relationships, enables MTOs to focus on network expansion and service quality.

SURETY BONDS

A surety bond is a legally binding, three-party contract that provides a financial guarantee that a principal (e.g., a contractor) will fulfill their contractual obligations to an obligee (e.g., a project owner or government entity).

If the principal fails to meet the agreed-upon terms, the surety (the company issuing the bond) will cover the financial losses incurred by the obligee.