Every international invoice purchased is insured.
This allows us to offer every client a non-recourse agreement which reduces the loss exposure to the client company. There is a limit of liability on coverage for any one policy year unless there is a request for an increase in coverage. There is generally no blanket deductible against international transactions. The average insurance premium cost will range from one-half of one percent to a full one percent of the gross credit sales. This premium cost, in the long run, is less expensive than the costs associated with documentary Letters of Credit issued by a bank.