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Single or Specific Buyer
Trade Credit Insurance Policy

Single Buyer TCI policy is an excellent solution to secure your sales to specific large or concentrated buyers (domestic and international) or to mitigate country risk exposures. The policy flexibly covers all goods and services originating domestically and internationally including cross-country. This also includes your goods manufactured, supplied and invoiced by your foreign subsidiaries.

 

The insurer appraises and underwrites credit limit for the proposed specific buyer. The Credit Limit, subject to policy terms and conditions, is guaranteed and non-cancellable.

2 policy structures are offered :

Short Term Single Buyer TCI Policy

  • Covers all sales to Specific Buyer with credit tenor upto maximum 12 months.

  • Guaranteed Non-Cancellable Buyer Credit Limit

  • Insured coverage upto 90%

  • Full premium is payable generally upfront at policy inception.

  • A waiting period of 180 days from date of default to file a claim generally applies.

 

Medium Term Single Buyer TCI Policy:

  • Covers sales of Capital Goods with 1 upto 7 years repayment credit tenor terms.

  • Guaranteed Non-Cancellable Buyer Credit Limit

  • Insured coverage upto 90%

  • Regular payment amortizations generally required during the payment term.

  • Premium is levied on declining outstanding debt exposure balance and is usually payable in full at policy inception.

  • A waiting period of 180 days from date of default to file a claim generally applies.