A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Claim (Notice Of Claim)
A formal written application by the insured for indemnification of a valid cause of loss under the policy. This is usually done on dedicated documents provided by the insurer.

Credit Insurance
Commercial and / or political risk insurance whereby the customer is protected against non-payment of trade receivables due to insolvency or default and insured perils as applicable.

Credit Limit
The amount of insured cover the Insured has on a particular buyer evidenced as a written endorsement to the policy.

Credit Limit Notification
A written notice of a Credit Limit which is endorsed to the policy.

Credit Underwriting (Limit Underwriting)
Assessment by the Credit Insurer by analysis of the financial condition of buyers, before setting a credit limit.

Commercial Performance Guarantee
Provides a solution to support legitimate financial transactions, other than the raising of capital, subject to suitable collateral support.

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