Credit Insurance covers a number of risks pertaining to the Import or Export of Goods and services which require financial protection against default, insolvency or contract frustration and involving the non-payment risk associated with the supply of goods and services.
This insurance includes the payment of losses arising out of the institution of a judicial procedure or law, the execution of a judgement or extrajudicial judgement with creditors.
This coverage can be extended to include Political Risk.
Cover can include receivables, invoiced accounts and VAT (value added tax).
MARNIX can advise you on specific requirements for coverage in a given territory and according to the type of trade credit requirements, and advise you on the precise product and service you may require to suit your business needs.