If you are looking for International Insurance for a Multi-National Conglomerate, Defense Contractor, Non-Governmental Organization ( NGO ), International Products Manufacturer, or Property Owner, or have a global business with an International Insurance Exposure that needs International Business Insurance Coverage, we will take the time to explain what insurance you require, so you understand what is at stake and what you will be protected for.

The key to our success is that we educate our clients to the exposures surrounding their personal and business assets so they can make educated decision as to their own insurance needs. We have been extremely successful in lowering insurance costs for our clients by leveraging our knowledge and relationships within the insurance industry. We always aggressively market and negotiate insurance premiums and coverage’s which usually results in an insurance product that is both comprehensive in coverage and competitive in price.

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The protection against losses that is provided by credit insurance is beneficial to both the lender and the debtor. For the debtor, there is the peace of mind that any debts that are currently outstanding will be settled immediately without any hassle where as the lender is assured of receiving payment in full even if the debtor should die.

Moreover, in a business setting, this insurance policy can provide protection against major problems with account receivable. In the event that a client goes into bad credit history, insolvent or bankruptcy and the unpaid Accounts Receivable items meet the terms of the credit insurance, the insured party can seek recovery through the third party. Apart from all, this credit insurance generally only covers unpaid debt that is current. It means that any debts that are already happens in past at the time of filing may not be eligible for coverage.

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The other two types of credit insurance are: involuntary unemployment insurance and credit property insurance. The involuntary unemployment insurance is very much similar to the disability insurance: the insurance makes the monthly minimum payments for a certain period of time while you are involuntary unemployed. Like we said before is better to not let this situation go on for a long period of time. The credit property insurance is different than all the other insurances in the way that it cancels the debt you owe for the items purchased if the property purchased is destroyed by certain specified risks like: fire, flood, accident, earthquake, etc.

No matter for which one of the above credit insurance you opt, it is most important to read and know the full details of the coverage. This way you’ll be able to know which one of them best suites your needs and select that particular one or maybe a combination of two or more of them. Also, you should consider your financial status before purchasing insurance for the credit. Or maybe you’re considering making several purchases from different places and each one of them asks for insurance. But this cannot be so cost effective. If you have more accounts and intend to insure all off them maybe you should think of buying a traditional insurance; an insurance agent or broker can be of big help in such a situation. He will help you make the necessary comparisons and finally with choosing the right insurance type for you.

Last but not least you have to make sure you qualify for the credit insurance you’re going to buy. These types of insurances are sold without any screening to anyone that makes a purchase on credit. Often, many people do not qualify for the insurance they are buying but the company that is selling you the insurance will not bother asking you if you think you qualify or not. So, it is you, the borrower and the buyer of the insures, that has to carefully read and understand how the insurance works and be fully aware of any special claim procedures or limitation clauses included into the insurance. It is only your responsibility.

The Atradius Group now has a prominent presence in all major European countries and North and Central America, and a favorable position in South American, Asian and Australian growth markets.