Navigating the (Slightly) Tricky Parts of a Trade Credit Policy 

When it comes to trade credit insurance (TCI), several unique aspects set it apart from other types of insurance.

While TCI shares familiar elements that most business owners know and understand, such as a premium, an excess, and an indemnity, that’s often where the similarities end. The features that differentiate TCI can sometimes leave potential policyholders scratching their heads. Terms like discretionary limits, endorsed credit limits, maximum payment terms, and maximum extension periods can be confusing when discussing the details with a broker, especially in the early days of holding the policy.

Understanding the components of the policy is essential to ensuring you get the most out of it. While this always takes time, it’s important, at the very least, to have someone knowledgeable to help guide you as you integrate the policy into your business practices.

At Capital TCS, we recognize these complexities and aim to simplify the process for our clients. Our goal is to make trade credit insurance as straightforward and accessible as possible. We’ll clarify the terminology and processes involved so you can focus on what you need to do. From the start, during discussions about your business and how a policy may work for you, to the end of the policy period, our primary focus is on supporting you, our client.

If you have questions or need clarity on any aspect of your existing trade credit insurance policy that we don’t manage, please feel free to reach out.

We’re here to help you navigate the occasionally tricky landscape with confidence! Request a Quote below: