Trade Credit Insurance is designed to protect a business following insolvency of an insured debt. Insolvency covers all forms of formal administration including liquidation, receivership, bankruptcy and compromises.
If you’re providing credit terms to your customers and trade debtors have a substantial impact on your balance sheet, Trade Credit insurance can help to protect the company’s profits and cash flow. It also provides additional security for funding and may allows funding solutions to be secured to sales and not assets.
Trade Credit Insuranceis suitable for many businesses including wholesaling, manufacturing, transport and service industries
Request a quote from Optimum Insurance today
To obtain a quotation, you can:
- Call on 1300 739 861 to discuss your enquiry with one of our advisers
- Send an email to service@optimuminsurance.com.au
- Complete the following enquiry form and return by fax, post or email.
Download: Trade Credit Insurance Questionnaire
We will come back to you with a quotation as soon as possible (in most cases with in 2 - 5 business days). If you would like to discuss your specific needs, please don’t hesitate to Contact Us. In many circumstances we are able to provide an indication over the phone.
Insurers Policy Wordings
Each insurance company has their own policy wording. This means that coverage can vary considerably from one insurer to another. It is important that you compare each policy based on the appropriateness of cover for your individual business needs.