Trade Credit

Contact us to learn more about our trade credit insurance.

Why Choose AIG for Trade Credit Insurance?

AIG Canada’s Trade Credit division provides protection for businesses against loss due to a customer’s non-payment for goods sold or services provided, that are on credit or payment terms.

Companies offering payment terms are exposed to multiple economic and geopolitical cycles that exposes them to the risk of non-payment due to customer insolvency, protracted default, and political events. With over 32 years placing trade credit risks in Canada, AIG Trade Credit has paid over $2.5 billion in claims globally.

Accounts Receivable insurance provides sellers with the accounts receivable protection needed to safeguard themselves against a customer default due to financial or political events.

Why does your business need Trade Credit/Accounts Receivable Insurance Coverage?

• Your company can potentially increase sales (and profits) by raising credit limits for major customers.
• You can increase sales in existing markets by moving customers from letters of credit to open account terms.
• Your company can potentially attain more attractive bank financing and increase the working capital available from its bank from the same pool of receivables.
• Your company can extend the credit limit of an existing customer in another country.