Trade Credit Insurance
Discover the peace of mind that comes with Coface's trade credit insurance.
Our comprehensive coverage protects your business from the risk of non-payment, ensuring that your cash flow remains stable even in uncertain times.
With Coface, you can confidently extend credit to your customers, knowing that you're backed by a global leader in credit insurance. Secure your business's future today with Coface's trade credit insurance.
Credit insurance allows you to grant payment periods to your customers with confidence.
We protect your invoice against excessive late payment or – in the worst-case scenario – default by your customers and cover the credit risk by compensating you for your loss.
We also monitor your customers’ financial health, helping you make the right business decisions, safeguarding your growth.
£
The simulation above shows the additional turnover that your company must achieve to compensate for the loss due to a non-payment.
Trade credit insurance provides 4 essential services so you can avoid the risk of customer non-payment:
For small businesses and SMEs with a maximum turnover of £10 million, EasyLiner is an all-inclusive solution that starts from £2,000.
For all other solutions, the cost equates to a premium rate that varies on average between 0.1 and 1% of turnover.
This figure is based on the volume of insurable business, the profile of your company – in particular its area of activity and history of claims – and your requirements (the type of coverage, specific options, etc.).
Our secure online platform means it’s easy to manage your policy from A to Z. With CofaNet Essentials, you:
• Access information about your business partners
• Manage your client portfolio
• Manage your guarantee requests
• Report your unpaid debts
• Keep track of your claims
CofaNet also performs debtor risk evaluations and offers export features with the potential for more in-depth research.
And with the CofaMove mobile app, you can access CofaNet Essentials wherever you are and whenever you want.
Having used credit insurance for many years, I’d recommend Coface because their response times on limits are exceptionally good compared with other providers, their underwriters know what they are doing and they are always happy to discuss any issues.
"We can confidently onboard new clients because Coface provides up-to-date insights that go beyond standard credit checks. I recommend Golding McEvoy and Coface to everyone. We’re incredibly happy with the insurance and the support we receive.
