“Sales is the journey; Cash is the destination.” Trade Credit insurance helps companies reach their goals by ensuring that hard-won sales convert to cash. Our policies provide blanket coverage for all Accounts Receivable generated during the year, and indemnify the policyholder for the invoice value of products delivered to approved customers that subsequently default.
AIU Trade Credit insurance is managed by AIG Global Trade & Political Risk Insurance Company. AIG Global operates with other AIG member companies which issue Trade Credit policies.
Trade Credit insurance protection is typically sought by manufacturers and wholesalers selling products on credit terms to domestic and/or foreign customers. Policyholders generally fit the following profile:
Annual Sales greater than $25 million;
Sales on credit terms of 90 days or less;
Concentrated credit exposures with top 25 customers representing 50% or more of sales volume;
Focus on bottom-line profitability rather than market share. AIU Trade Credit insurance brings the following benefits:
Strengthens the policyholder's credit and collection function by partnering with a large and experienced credit underwriter;
Enables policyholders to grow their sales with confidence to both new and existing customers by offering competitive terms of sale where appropriate;
Protects the policyholder's balance sheet and cash flow from large or unforseen bad debts.
