We stand ready to help those affected by Hurricane Milton
Our thoughts are with those who were in the path of the storm. If you need assistance with a claim, please contact your agent or one of our claims professionals.
FCIA's Trade Credit Insurance policies protect financial institutions from nonpayment on trade finance and supply chain loans, as well as on loans secured by trade accounts receivable that are purchased or financed by the lender.
Our main Financial Institution policies are:
Provides insurance against non-payment of trade finance loans to a single borrower.
Protects financial institution against non-payment of trade accounts receivable purchased from a seller of goods or services. Typically the seller enters into a purchase agreement with the financial institution and may act as the collection servicer. Please read the FCIA Purchase of Receivables Coverage brochure for more details.
Protects a financial institution that funded a buyer's payment of trade accounts payable (Reverse Credit) from non-reimbursement. Please read the brochure for more details.
Provides insurance against non-honoring of banks confirmed letter of credit. Please read the FCIA Letters of Credit Policy brochure for more details.