Cover written for all Buyers whose credit balance exceeds the agreed PrincipalCustomer level
Cover is provided up to 90% indemnity for
- Protracted default of customer
- Insolvency of customer
- Political Risks (optional)
Two policy options:
- No deductible cover with cancellable limits
- Deductible cover where non cancellable limits may be available
OPTIONAL SERVICE:
Debt Collection services are available but not mandatory.
The waiting period on protracted default claims is shorter when collection services are used by the Insured.
ONLINE CREDIT LIMITS:
Online credit limits and monitoring are available through AIG credit limit platform, AIG Global Limits.