Tiếng Việt
Trade Credit Insurance
Protect your cash flow when customers don’t pay. This policy covers losses from buyer insolvency or late/non-payment, and gives you credit insight so you can sell more confidently at home and abroad.
Target clients
- Manufacturers
- Distributors/wholesalers
- Exporters
- Agri/commodities traders
- Service firms that invoice on credit terms, and fast-growing businesses extending larger limits to key accounts
Core protections
- Insolvency/bankruptcy of your buyer
- Protracted default (buyer doesn’t pay within the waiting period)
- Political risks on exports (e.g., government action, war, currency transfer restrictions)
- Collections support—insurer helps chase and recover debts
- Cover applies to approved buyers/credit limits from invoice or shipment date (per policy)
Add-on protections
- Single-buyer or key-account cover;
- Whole-turnover programs;
- Top-up limits above bank/insurer approvals;
- Excess-of-loss (XoL) for large portfolios; pre-shipment/contract frustration (work-in-progress);
- Binding contracts; discretionary limits;
- Higher indemnity percentages; political-risk-only options.
Results you can expect
- Protect cash flow and reduce bad-debt write-offs
- Grow sales safely—offer better terms to win business
- Improve bank financing—use insured receivables as collateral/borrowing base
- Stronger credit control with ongoing buyer ratings and monitoring
Vietnamese Legal Requirement
Trade Credit isn’t required by law, but lenders and export partners may request or favor it when financing or buying your receivables.
Property & Casualty Insurance
