Trade Secure Policy
For companies with less than $2 million in annual sales
For most businesses, selling on credit is a necessity and a fact of business life. Many Canadian businesses have for many years used Credit Insurance as a tool to manage their credit risk and cash flow. However, for some businesses this has not always been practical due to the complexity and cost involved. This is no longer the case.
Euler Hermes Canada has listened to the needs of smaller businesses and designed a policy with them in mind. With Trade Secure, businesses of any size can now benefit from the protection offered by Credit Insurance at a reasonable cost and with the minimum of administration.
With Trade Secure you have the security of knowing that you will get paid if any of your covered accounts are slow to pay or become insolvent.
Trade Secure Policy Highlights:
- Protection against non-payment or insolvency of your customer
- Premium is charged only on the cover you need and you can change the level of cover at any time to suit your business cycle. There is no minimum premium.
- You choose the risks you want to cover and for how long
- Protection is available for Domestic and Export sales and you are covered against Political Risk as standard
- There are no reporting requirements and no administration once the policy has been put in place
- We will monitor your risks for you, leaving you free to concentrate on growing your business
- Online policy management makes it simple and efficient
- Access to the Euler Hermes international debt collection network at no additional charge for insured debts
- Simple claims process guaranteeing prompt payment in the event of a claim
- Safely increase sales to new and existing customers
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Euler Hermes Group
