Why Trade Credit Insurance?
Every day, businesses extend credit to customers.
While trade credit helps drive sales growth, it also exposes companies to the risk of delayed payments, insolvency, and bad debts. Trade Credit Insurance protects your receivables so you can focus on growing your business rather than worrying about payment risk.
Our Partnership with Atradius
Malayan Insurance works together with Atradius to provide specialised Trade Credit Insurance solutions supported by global credit intelligence and risk assessment capabilities.
Atradius is a global provider of Trade Credit Insurance with a presence in more than 50 countries.
Backed by more than 100 years of experience, Atradius’ credit risk management specialists, help companies protect themselves against the default risks associated with selling goods and services on credit.
Why Businesses Choose Trade Credit Insurance
Safeguard your business against non-payment risks while unlocking opportunities for expansion and enhanced cash flow.
Protection
Protect your business when customers are unable to pay, helping to reduce the impact of bad debts and keep your cash flow secure.
Growth
Win new business with confidence by offering credit terms to customers while reducing payment risk.
Expansion into New Markets
Explore new customers and markets with greater confidence, knowing your business is protected against unexpected payment issues.
Credit Management
Gain valuable insights into your customers financial health to support smarter credit decisions.
Early Warnings
Receive early alerts about potential payment problems so you can take action before risks become larger issues.
Speed
Access up-to-date customer and market information quickly, helping you make faster business decisions.
Maximise Cash Flow
Keep your cash flow healthier by reducing the financial impact of unpaid invoices.
Business Insights
Benefit from expert market and customer insights to identify opportunities and support business growth.
Cost Effectiveness
Get more than insurance with access to credit expertise, buyer assessments, and debt collection support.
Improved Financing
Strengthen your financing discussions, as insured receivables may provide additional comfort to lenders.
More Information
Frequently Asked Questions
Why would my business need Trade Credit Insurance?
Why would my business need Trade Credit Insurance?
Many businesses rely on customer payments to fund daily operations, pay suppliers, and support growth. If a customer unexpectedly fails to pay, it can place significant pressure on cash flow.
Trade Credit Insurance provides protection against these unexpected losses and helps your business trade with greater confidence.
My customers have always paid on time. Do I still need it?
My customers have always paid on time. Do I still need it?
Even long-standing and reliable customers can experience financial difficulties due to economic changes, market conditions, or unexpected events.
Trade Credit Insurance helps protect your business from risks that are often difficult to predict before they happen.
Can Trade Credit Insurance help my business grow?
Can Trade Credit Insurance help my business grow?
Yes. Many businesses use Trade Credit Insurance to offer credit terms with greater confidence to new customers, enter new markets, and pursue larger opportunities while managing payment risks.
This helps support business growth while keeping risk under control.
Does it only cover overseas customers?
Does it only cover overseas customers?
No. Trade Credit Insurance can protect sales made to customers in the Philippines, overseas , or both, depending on your business needs.
What happens if a customer does not pay?
What happens if a customer does not pay?
If a covered customer fails to pay, you can notify us and our team will guide you through the next steps.
Depending on the circumstances and policy terms, a claim may be submitted to help reduce the financial impact on your business.
Can Trade Credit Insurance help improve access to financing?
Can Trade Credit Insurance help improve access to financing?
In many cases, Yes. Many businesses have a large amount of money tied up in unpaid customer invoices. Trade Credit Insurance helps protect these invoices, giving banks greater confidence when considering financing applications. As a result, businesses may find it easier to access funding, secure higher credit facilities, or negotiate more favourable financing terms to support growth and day-to-day operations.
Is Trade Credit Insurance only for large companies?
Is Trade Credit Insurance only for large companies?
No. Businesses of all sizes can benefit from protecting their receivables and cash flow. Whether you are a growing company, an exporter, a manufacturer, a distributor, or a service provider, Trade Credit Insurance can help manage payment risks more effectively.
What level of indemnity does the policy provide?
What level of indemnity does the policy provide?
The policy typically covers between 75% and 90% of an insured loss, subject to its terms and conditions.