Multibuyer Policies insure a reasonable spread of your international and/or domestic sales of goods and services.
All policies have:
- No buyer limit underwriting fees
- No collection fees
- No caps on losses under the Discretionary Credit Limit ("DCL")
- Reasonable waiting periods for filing claims of 90 days after default
- Pro-rata sharing of recoveries after claim payment with our insureds
Who Should Apply?
Our target customers for multibuyer products are companies that have at least $20 million in insurable domestic sales or $7 million in insurable international sales.
The DCL is designed for companies that have at least one or more credit or financial professionals on staff managing accounts receivable. Our minimum premiums are $10,000.
Our main multibuyer policy types are:
*Non-cancelable limits: subject to policy terms and conditions, after issuing the policy the insurer may not unilaterally reduce any country or buyer limits, except for non-payment of premiums.