What Is Euler Hermes Trade Credit?

Euler Hermes Trade Credit is a renowned trade credit insurance company that provides businesses with protection against losses resulting from non-payment by customers. This allows companies to grow their sales while minimizing the risk of unpaid invoices.

What is Trade Credit Insurance?

Trade credit insurance is a type of insurance that helps businesses protect themselves against non-payment by their customers. This type of insurance is particularly relevant for companies that offer payment terms to their customers, as it covers the risk that these customers may not be able to pay their invoices on time or at all.

How Does Euler Hermes Trade Credit Work?

Euler Hermes Trade Credit provides coverage for businesses from a range of industries, including manufacturing, wholesale, and distribution. Their trade credit insurance policies offer protection against a variety of risks, such as insolvency or bankruptcy of a customer, political risks (e.g., war or civil unrest), and even natural disasters.

When a business purchases trade credit insurance from Euler Hermes, they are essentially transferring the risk of non-payment to the insurer. If a customer fails to pay an invoice covered by the policy, Euler Hermes will reimburse the business for the outstanding amount. This can provide significant peace of mind for businesses, as it allows them to focus on growing their sales without having to worry about the potential financial impact of unpaid invoices.

The Benefits of Euler Hermes Trade Credit

There are several benefits to choosing Euler Hermes as your trade credit insurer:

  • Protection Against Non-Payment: With trade credit insurance from Euler Hermes, you can protect your business against losses resulting from non-payment by your customers.
  • Flexibility: Euler Hermes offers policies that can be tailored to meet the specific needs of your business.
  • Global Coverage: With operations in over 50 countries, Euler Hermes is able to provide trade credit insurance coverage for businesses operating in a wide range of markets.
  • Expertise: Euler Hermes has over 100 years of experience in the trade credit insurance industry, and is widely regarded as a leading provider of this type of insurance.

Conclusion

In conclusion, Euler Hermes Trade Credit is a valuable tool for businesses that want to protect themselves against the risk of non-payment by their customers. With comprehensive coverage and a range of benefits, it’s no surprise that Euler Hermes is one of the most trusted names in the trade credit insurance industry. So if you’re looking to grow your sales while minimizing your risk, consider getting trade credit insurance from Euler Hermes.