Cost

Our flexibility is an added value to our clients because, we can provide insurance protection to companies in the tens of thousands or in the millions of dollars.

We charge an annual insurance premium that is based on a price-to-risk model. On our credit risk insurance products, the premium is based on the percentage of your annual turnover. For political risk insurance products the estimate is calculated based on the value of the transaction or investment on a pro-rated basis.

The premium rate we charge depends on a number of factors such as: policy structure; credit worthiness of the risk counterparties involved; and the level of risk retention that you assume.

For our whole turnover credit insurance you can expect to pay a premium of approximately 0.4 - 0.9% per annum of your annual sales volume. For political risk insurance the premium is based on the country risk assessment. For both political risk insurance and single obligor credit insurance the premium ranges between 1 - 3% per annum of the transaction or investment value.

We also charge a one-off credit investigation fee for each trade credit limit requested, and a quarterly credit monitoring fee for each approved limit.