Trade Credit Insurance

Sell business-to-business with credit terms? Trade credit insurance protects your cash flow from customers not paying.

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I moved my insurances to Consolidated brokers because I received the best service one could ask for. (...) reassured that me and my company will be in good hands. see more
TOP BROKERAGE 2022 & 2023
The resource of choice for the country’s most forward-thinking insurance professionals.
TOP BROKERAGE 2022 & 2023
The resource of choice for the country’s most forward-thinking insurance professionals.

Trade Credit Insurance

Talk today with our team to find the right kind of insurance that will suit your needs.

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What is Trade Credit Insurance?

Trade credit insurance provides a safety net for the income of businesses that offer credit payment terms to business clients. It covers your trade, so you have the certainty of getting paid if your client doesn’t pay.

By protecting your cash flow, trade credit insurance allows you to operate confidently and focus on growing and improving your business. It can also increase your borrowing capacity with banks by guaranteeing your receivables.

Trade credit insurance providers often partner with debt collection agencies, who will step in to help you recover debts, and credit check services may be offered as part of your policy benefits.

Total premiums for this type of cover start at around $10,000; so these policies are best suited to businesses with high values of credit or receivables, especially in the construction industries.

What can be covered

What may not be

Get started with Trade Credit Insurance

By protecting your cash flow, trade credit insurance allows you to operate confidently and focus on growing and improving your business

Trade Credit Claim Example

Mark is a glazier with an ongoing contract with a large commercial builder to supply and install glass in new office buildings. The builder uses their unequal bargaining power to impose 60 day payment terms on Mark.

After completing a large $75k project, Mark submits his invoice through to the builder for payment and at day 60, he doesn’t receive payment as expected.

As Mark has trade credit insurance, he contacts his insurer to notify them of the default, and they appoint their collection agency to chase the builder. Mark has peace of mind knowing he will get most of his $75k invoice paid either by the builder, or his insurer if they can’t recover within 30 days.

Not only does he avoid a long legal battle at his own expense, he can be confident of receiving his payment in a reasonable time!

Why Choose CIB?

Consolidated Insurance Brokers can help by placing you with the best policy for your needs. We’ll find you the most competitive rate possible, and offer advice to ensure your insurance protects what matters.

Our Expertise

Committed to finding you the best insurance solution, our team of knowledgeable insurance brokers will get you the best price available

Your Partner

Safe time and effort by letting our team of expert insurance brokers do the work for you, we can manage your insurance on your behalf.

Clear Terms

We will put an end to the endless jargon, we can help you understand your quotes and policies in clear terms.

Full Cover

We are able to access insurance policies that are not available when buying direct, allowing us to get you a more comprehensive cover and better benefits.

What our clients have to say

109 James Street, New Farm

5.0 822 reviews

  • Avatar Vicky Gardner ★★★★★ 3 weeks ago
    A quick search online for Commercial Insurance led me to CIB, and I'm so glad that it did. Aimee Spencer made the whole process really easy for me, even though I first contacted them at 4pm on a Friday afternoon 🙂 She … More answered all of my questions and explained everything clearly, thoroughly professional. Outstanding customer service. Would highly recommend Aimee and Consolidated to anyone looking for business insurance.
  • Avatar Deborah Movliatti ★★★★★ 3 weeks ago
    Debbie at Consolidated Insurance Brokers was exactly what I needed. I received very clear advice and support from her regarding my insurance inquiries. I highly recommend taking the time to talk with Debbie you won’t be disappointed.Thank … More You so much Debbie for helping me purchase the appropriate insurance for my investment. Excellent Service and Professionalism.Regards Deborah Movliatti
  • Avatar Kim Cleggett ★★★★★ a month ago
    I contacted Consolidated Insurance Brokers because I wasn't happy with the way I was treated as a number at my "other" insurance agency. I required insurance for 2 commercial properties and Clayton Rowlings, … More my broker had the best quote available, form a variety of underwriters, within 48 hours. Clayton steered me through an easy process and was a pleasure to work with. A 5 star rating for sure.
  • Avatar Ace Polystyrene ★★★★★ a month ago
    We recently worked with Debbie Blanco to consolidate all of our business insurance policies, and we couldn't be more impressed with the service we received. Debbie took the time to thoroughly understand our business … More needs and was able to streamline multiple policies into a single, efficient package — all while securing the most competitive pricing available. We highly recommend Debbie to any business looking for a reliable, knowledgeable, and proactive insurance Account Manager. She delivers exceptional service and real results.
  • Avatar Mac Christie ★★★★★ a month ago
    Thank you Tracey Friedland for your friendly, efficient and professional manner in finding me a suitable Professional Indemnity underwriter for my unusual form of consultant activity. Also thanks for patiently taking me … More through a process I find daunting. I had to do very little to set the up and the price was much better than expected.

How can we help?

With access to a range of reputable insurers, and policies not available to the public, we can offer you a range of competitive quotes.

We’ll help you compare the price with the coverage offered for each, so you can make the best decision for your needs.

Trade credit insurance is complex and very individual to the policyholder’s business and balance sheet, so it’s important to have an excellent adviser.

For every new business quote and renewal, we break down all important changes and comparisons of your trade credit insurance options for you in plain English.

Frequently Asked Questions

There are many benefits of using a broker over buying directly from the insurer. Insurance brokers:

  • Work on your behalf to secure you better protection through their negotiating power
  • Help you understand your risks and empower you to make better life / business decisions
  • Ensure insurers are held accountable to their promise to protect what you value during claims
  • Save you time and money by taking care of comparing and customising policies for your needs

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