Products & services from Euler Hermes Trade Credit
Credit Insurance in New Zealand, Australia and/or Export Markets
Euler Hermes Trade Credit provides credit insurance for your accounts receivable. We insure medium sized and large companies against the risk of not being paid.
- We insure short term risk only (credit terms up to 180 days)
- We insure business to business transaction only
- We insure trade receivables
- We insure on a portfolio basis
Euler Hermes Trade Credit insurance policies allow you to sell with confidence, giving valuable protection against the consequences of insolvency or non-payment of one of your buyers in New Zealand, Australia or in 200 countries around the world. We will determine together which credit insurance solution best fits your needs.
When you insure your accounts receivable with Euler Hermes, you can:
- Avoid catastrophic bad-debt losses
- More confidently achieve financial objectives
- Safely expand sales
- Secure better borrowing terms
- Reduce bad-debt reserves
Domestic In New Zealand and Australian domestic markets, Insolvency and Protracted Default are covered.
Export policies include Contract Repudiation cover, and defined Political Risk cover can be added if required.
Typically, indemnity is 90% of the loss suffered and an excess is commonly used to eliminate smaller claims. Other deductible options and terms are also available on request.
Euler Hermes Group
