Insured organisation
The organisation whose eligible receivables are to be protected.
Decisions & balance sheet
Trade Credit
Safeguard receivables when customers cannot or do not pay.
Trade Credit addresses eligible commercial receivables affected by customer insolvency or prolonged default.
Introduction
What is Trade Credit?
Trade Credit is commonly considered by manufacturers, traders, distributors and service businesses selling on credit terms. It can address eligible commercial receivables affected by customer insolvency or prolonged default.
What it protects
What can the policy protect?
The scope of Trade Credit should clearly define the insured interests and the protection required.
Credit buyers
The buyers to whom the insured organisation sells on credit terms.
Receivable timelines
Credit periods, overdue thresholds and collection processes relevant to the receivables.
Common events
What types of loss can be covered?
The examples alongside help test the proposed programme against realistic situations. They guide the conversation but do not represent automatic cover.
Delayed payment
An insured buyer does not pay an eligible receivable within the agreed period.
Default on insured payment
An insured buyer defaults on an eligible payment.
Programme context
Where this cover fits
Industry applications
The role of the cover should reflect the operation, contractual responsibilities and potential severity of loss.
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Commodities
For businesses exposed to changing values, storage, transit and contractual performance across supply chains.
Banks & Financial Institutions
For regulated organisations where governance, data, people and financial confidence are closely connected.
Retail
For multi-location businesses managing stock, customers, payments, people and digital operations.
Manufacturing
For operations where machinery, stock, people, suppliers and production continuity work as one system.
Independent financial lines review
Review Trade Credit with Talisman.
Share your current wording, renewal terms or information about the requirement. We will help identify the practical next step.
Illustrative information only. Coverage, availability, limits and terms depend on the risk profile, insurer approval and final policy wording.