Insurance Services

Extend credit terms boldly. We carry the default risk.

Coverage against buyer insolvency and protracted default, enabling confident credit sales to domestic and international buyers.

Trade Credit Insurance

Protect receivables against buyer non-payment

Trade Credit Insurance protects your accounts receivable when buyers fail to pay due to insolvency or protracted default. Covering up to 95% of insured invoices, it transforms risky credit sales into secure revenue and unlocks trade finance against insured receivables.

Our credit insurance programs include continuous buyer monitoring, credit limit management, and collection services — a complete receivables risk management solution.

Coverage & Reach

Domestic ThailandASEANGlobal Buyer Coverage

Who It's For

Who Needs Trade Credit Insurance?

Exporters extending credit terms to overseas buyers

Manufacturers selling on open account to distributors

Trading companies with large accounts receivable portfolios

Companies entering new markets with unknown buyers

Businesses seeking bank financing secured by receivables

Why It Matters

Key Benefits of Trade Credit Insurance

Up to 95% of invoice value covered

Buyer insolvency & default protection

Continuous buyer credit monitoring

Enables competitive credit terms

Bank financing against insured receivables

Debt collection services included

What's Included

Coverage Features & Capabilities

Credit Limit Management

We set and monitor credit limits for each buyer, alerting you to deteriorating creditworthiness.

Political Risk Extension

Optional coverage for currency inconvertibility, transfer restrictions, and political events.

Whole Turnover or Key Accounts

Insure your entire ledger or select high-exposure buyers.

Claims & Collection

Integrated claims payment and international debt collection services.

Important Information

Standard Coverage Exclusions

The following are typically excluded from standard policies. Specific terms vary by placement.

  • Disputes over quality or delivery (commercial disputes)
  • Losses from sales to sanctioned countries or entities
  • Invoices overdue beyond the agreed credit period without notification
  • Related-party transactions without prior approval
  • Currency exchange rate fluctuations

How It Works

Your Path to Protection in 4 Steps

1

Ledger Analysis

We analyze your sales ledger, buyer concentration, and payment terms.

2

Buyer Assessment

Credit limits established for each buyer using global credit data.

3

Policy Activation

Coverage begins with continuous monitoring of all approved buyers.

4

Claims & Recovery

On default, claims paid within 30 days with collection pursued on your behalf.

Claims

How Claims Work

A clear, structured claims process designed for fast resolution.

1

Overdue Notification

Notify us when an invoice exceeds the agreed credit period. We begin monitoring and buyer communication immediately.

2

Waiting Period

A standard waiting period of 90-180 days applies from the due date, during which our collections team works to recover payment.

3

Claim Submission

Submit the claim with invoices, delivery proof, credit terms, and correspondence. Our team validates the claim within 5 business days.

4

Indemnity Payment

Payment of up to 95% of the insured invoice value within 30 days of claim acceptance, with subrogation handled by our team.

The Thai Insurances Advantage

Why Choose Thai Insurances

We are a single accountable insurance partner combining deep market access, specialist underwriting, and global claims capability — so your coverage is engineered as a system, not assembled from fragments.

  • Access to global buyer credit database covering 200M+ companies
  • Claims paid within 30 days of proof of loss
  • Receivables financing facilitation with partner banks
  • Proactive credit deterioration alerts before defaults occur

$4.2B+

Trade Value Protected

12,000+

Verifications Completed

87

Countries Covered

3,500+

Active Clients

Common Questions

Frequently Asked Questions

Insolvency means the buyer is legally bankrupt or in receivership. Protracted default means the buyer simply hasn't paid after an agreed waiting period (typically 90-180 days past due) — no bankruptcy required.

Sectors We Serve

Industries Covered

Ready to Secure Your Trade Credit Insurance?

Get a tailored proposal within one business day. Our specialists will structure coverage, terms, and pricing around your specific operations.

Visit Our Office

123 Silom Road, Bang Rak, Bangkok 10500, Thailand

+66 2 000 0000

info@thaiinsurances.com

Business Hours

Monday – Friday: 8:30 – 18:00 (GMT+7)

Saturday: 9:00 – 13:00 (GMT+7)

24/7 claims hotline for policyholders

Quick Enquiry

Prefer a structured request? Our quote form captures everything our specialists need to respond with a binding proposal.

Start a Quote Request