Single Risk or Specific Account

Designed to cover a named buyer or customer, this type of Credit Insurance is usually applied to the largest account on the ledger. The business is then free to pursue other opportunities, confident in the knowledge that its' greatest risk is protected.

The majority of Single Risk policies protect against Insolvency only. An indemnity, usually between 80-90%, is applied to the credit limit granted. The period of cover is flexible and can be arranged on an annual basis or for the time frame of a specific contract.

This type of policy is based on losses arising, which means you are only covered for Insolvency during the policy period. This means that pre-policy debt would be taken up at the start of the policy, and there is a total liability cut-off at policy termination.

Our Account Managers will be happy to answer any queries you may have.