Products we Offer
Engineering Insurance
Engineering Insurance
Coverage for machinery breakdowns, construction projects, and related engineering risks.
Electronic Equipment
Unforeseen and sudden physical loss or damage to the property insured from any cause other than those specifically
Machinery Breakdown
Cover is for unforeseen and sudden physical loss or damage to the insured property (or any part thereof) which is on
Machinery Breakdown (Loss of Profits)
Loss of Gross Profit consequent upon interference or interruption of the business
How long will my claim take?
Each claim is treated differently from home, motor, health and credit insurance. There are a number of factors that affect how long it takes to resolve a claim. The best ways to assist your claim process go more fluently include providing us with all the
When is the time to update my cover?
It is important to update your cover when there are significant changes and events in your life. It is important to review and update son as to protect the most important things in ones’ life. These may include: Credit expansion Changes in income Af
What happens to my insurance if i stop paying?
You are not covered.
What is credit insurance, and what does it cover?
Credit insurance protects businesses against the risk of non-payment by buyers due to insolvency or prolonged default. It covers both domestic and export credit risks.
Can I use my credit insurance policy as collateral for a bank loan?
Yes, your policy can be ceded to banks or financial institutions as collateral. This involves a tripartite agreement between you, the bank, and CredSure, outlining the coverage and indemnity limits.
What happens if a buyer goes bankrupt?
In the event of a buyer's bankruptcy, your credit insurance policy will cover the loss, initiating the claims and collections process to recover the owed amount.
How is the premium for credit insurance calculated?
Premiums are typically calculated as a percentage of your company's turnover, considering both financially stable and weaker customers.
