Provided by Credit Group

Single or Multi-transaction

The bankruptcy of a key customer can be sudden and have a devastating impact. Tokio Marine HCC - Credit Group is a leading provider of single buyer policies that not only mitigate risk but can also enhance a policyholder’'s bank financing with credit insurance being viewed as collateral.

Best for

  • Manufacturers
  • Trading Companies
  • Service Providers
  • Wholesalers
  • Distributors

Highlights

  • Non-cancellable limits
  • Up to 90% indemnity
  • Borrowing base enhancement with insurance being viewed as a form of collateral
  • No policy deductible
  • Minimum premium of $10,000
  • Pre-shipment, advance payment and consignment coverage available
  • $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

  • Single debtor policy can cover a single sales contract or a contract with multiple revolving sales
  • Debtor limits are non-cancellable, typically with 90% indemnity.
  • Coverage may be offered with a deductible to improve pricing subject to a minimum premium of $10,000
  • 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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Whole Turnover

Tokio Marine HCC offers comprehensive non-payment coverage on a portfolio of domestic and/or international sales.

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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.