Cocogen Trade Credit Insurance helps transform potential bad debts to cash. It ensures the liquidity of a business with domestic and international transactions in the exchange of goods and services by insuring its Accounts Receivable from the risk of non-payment when a Buyer is insolvent or unable to pay.
Types of Risks
- Commercial Risk
Non-payment as a result of Buyer insolvency or non-payment within six (6) months from the original due date
- Political Risk
Non-payment due to the risks and/or events beyond the control of the Buyer and Seller (e.g. public buyer default, war, foreign exchange restrictions, or moratorium by overseas governments).
If you want to know more about Trade Credit Insurance, visit our FAQs page.
