Coverage
Thailand Trade Credit Protection
CCW Global and our local insurance partners can source comprehensive Trade Credit Insurance solutions in Thailand, designed to protect your business from the financial consequences of unpaid receivables; whether due to commercial default or political disruptions.
These policies can act as a financial safety net, ensuring that your company remains resilient when customers fail to meet their payment obligations.
Trade Credit Insurance plans typically run on an annual basis, providing 12 months of continuous coverage with the option to renew. During the policy period, businesses are protected against a wide range of risks, with benefits including protection for:
- Reimbursement of unpaid invoices for goods or services delivered
- Safeguarding of your company’s cash flow and financial stability
- Strengthened credit control through detailed risk monitoring and evaluation
- Tailored protection for both local and international clients or buyers
- Ongoing assessment of customer solvency and payment behavior
- Expert support for commercial risk management and credit strategy
- Assistance with third-party debt recovery services
- Improved access to financing through strengthened creditworthiness
Trade Credit Insurance is globally available, with coverage extending to most markets; excepting those under sanctions or embargoes, such as North Korea, Iran, and Afghanistan.
Coverage limits typically insure up to 90% of the invoiced value, depending on the buyer’s location and associated risk levels; giving your business powerful protection in an unpredictable global economy.