Trusted Trade Credit Insurance Brokers
Protect your business against cash flow issues with trade credit insurance. DAS Insure is an established and experienced trade credit insurance broker, working with businesses from across Australia to find the right level of cover to meet their needs. Contact our knowledgeable team today and we will work with you to find a solution that is right for your business.

Credit Insurance:
A Risk Management Tool
Most businesses insure their physical assets, their plant, their equipment but overlook their Debtors Ledger which on a typical balance sheet represents an average of 40% of their current assets.
Understanding Trade Credit Insurance (TCI) – TCI is a business insurance product that protects a seller against losses from non-payment of a commercial trade debt. It makes sure invoices will be paid and enables companies to reliably manage the commercial and political risks of trade that are beyond their control. Capital is protected, cash flows are preserved, and profits are secure from these events of default.
There are several major benefits by investing in a trade credit insurance policy. A trade credit insurance policy provides you with valuable tools to manage your buyers’ portfolio.
Even if you experience no claims, the transfer of knowledge about new buyers, the worldwide presence of risk experts assisting you with local market intelligence and the ability to monitor your risks in real-time enable you to grow faster, offering more competitive terms than without insurance.
It is in this way that a credit insurance policy can typically offset its own costs many times over even without making a claim. In addition, banks will most likely lend more capital against insured receivables and may also reduce the cost of funds. Insuring receivables frees up capital for the company and is tax deductible, bad debt reserves are not.
In the event of a claim, costs can be reduced through professionally handled collection of your unpaid invoices worldwide. Even better the Collection costs are covered under your policy!
How Does a Credit Insurance Policy Work
At the onset of the policy the credit insurer will analyse the creditworthiness and financial stability of the policyholder’s insurable customers and assign them a specific credit limit. It is noteworthy that it is the insurer’s responsibility to proactively monitor its customers’ buyers throughout the year to ensure their ongoing creditworthiness.
Trade credit insurance brokers gather and evaluate information through buyer visits, public records, bank and financial statements and information received by other policyholders that sell to the same buyer.
Throughout the policy year, the policyholder may request additional coverage on existing buyers should that need arise, on a new buyer and even discuss coverage for potential buyers in a new country. This information is constantly updated and cross referenced.
If warning signs occur showing changes in payment behaviour, reflecting a buyer is in financial difficulty, the insurer proactively informs the policyholders often in conjunction with an action plan to mitigate the risk and helps to avoid foreseeable losses.
Claims Payment
If a loss occurs, the indemnification aspect of the policy is triggered. A policyholder would file a claim with supporting documentation, and the insurer would pay the claim benefit, for a domestic insolvency claim typically within 30 days from receiving all necessary documents. As a minimum the following information is needed: A statement of account detailing the unpaid amount and invoices. A copy of all your unpaid invoices, evidence of any past trading history and evidence of the insolvency of the buyer and that your debt is outstanding in the insolvent estate). All polices attract a deductible ( i.e. an amount which is not covered by the insurer) and an insured percentage depending on the policy type and size of the insured company.
Annual premiums for your trade credit insurance policy generally cost between a tenth and a quarter of a cent for every dollar of your total sales for the year. This means that if you make $2 million in sales, you can expect to pay around $2,000 to $5,000 in yearly premiums.