Provided by Credit Group

Medium Term Credit

Political unrest, economic instability and bankruptcy cannot be predicted with any certainty over the course of a medium term contract. Tokio Marine HCC can provide solutions to these problems and help secure interests in dynamic markets worldwide, protecting the opportunities for growth that emerging markets provide.

Best for

  • Trading Companies
  • Manufacturers of Capital Equipment

Highlights

  • Non-cancellable limit
  • Single or multi-debtor
  • Up to 90% indemnity
  • Down payments are generally required
  • Retention of title generally required
  • No policy deductible available
  • Minimum premium of $25,000
  • $50 million maximum line for any one risk
  • Worldwide scope
  • Responsiveness of a dual underwriting platform with experts in New York and London
  • Emphasis on building a customer relationship and a long-term partnership
  • Superior claims management processing and customer service

Summary of coverage

  • Covers up to seven years of repayment exposure on domestic or international debtors and up to 10 years for sovereign debtors 
  • Down payments of 15% are generally required with repayment being made on a monthly, quarterly or semiannual basis 
  • Policyholders typically retain title to the goods and have the ability to repossess in the event of a default. 
  • Admitted in all 50 states 
Get in touch
Blake W
Blake Weber

Sr. Vice President, Credit Underwriting

Documents & forms

Your team

Directory
Head office

135 Pinelawn Road, Suite 150N
Melville, NY 11747

(631) 391-5434
Blake W
Blake Weber

Sr. Vice President, Credit Underwriting

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why choose tmhcc

Why choose Tokio Marine HCC?

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.

More about us Financial strength

Not all products, coverages, or features may be available in all states. Restrictions, exclusions, limitations, and conditions apply and you should see your agent for more information. Certain products and services are provided through non-admitted insurance carriers and are not subject to certain State Guaranty Funds.