Export credit insurance
To protect your company against non-payment, it's important to insure your export orders, even if your customer is a well-known or reputable company in a low risk country. Your chosen insurance company will cover the payment risks involved in international trade.
The very nature of exporting and importing means that goods can be in transit for a number of days, with the unfortunate risk of damage, loss or delay. Most international carriers take great care to minimise such risks. It's sensible to insure your goods according to their value so that you are sufficiently covered in the event that something goes wrong. Cargo insurance covers loss or physical damage to goods whilst in transit, and covers transportation by air, road, rail and sea. You can get more comprehensive cover to protect against specific incidents, such as theft or damage during loading.
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