A look at many businesses today would reveal that a significant portion of their current assets on their balance sheets are in the form of receivables. That is, money owed for goods supplied on credit terms. Though Accounts Receivables represent the single biggest asset of many companies, it’s mostly at risk since they are commonly uninsured.
Every creditor faces the risk of non-payment or delayed payment due to customer insolvency, protracted default and political risks that prevent the buyer from fulfilling its payment obligations. You therefore need Trade Credit Insurance