• 1-800-229-0575
  • Contact Us
  • Careers
  • Français
  • LoginLogin
Home > Home > Our Solutions > Insurance > Credit Insurance > EDC Portfolio Credit Insurance

EDC Portfolio Credit Insurance

​Trade credit insurance for all your U.S. or foreign accounts receivable

Formerly called Accounts Receivable Insurance, EDC Portfolio Credit Insurance is our option for Canadian companies looking to insure all of their U.S. and international sales against non-payment. It is an ideal option if you need the security of knowing you’ll be protected if any of your U.S. or international customers can’t pay. In many markets, this insurance can also be extended to your foreign affiliates—giving you insurance coverage anywhere you do business.

Apply now

Do you also need coverage on sales to Canadian companies in Canada?
If so, please use this Credit Insurance Application Form (PDF) instead

Protect and Grow your Business

Protect against the risk of not getting paid
You’ll be covered for up to 90 per cent of your losses resulting from non-payment due to a wide range of risks.
Free up cash flow
When your financial institution knows that you’ll get paid for a U.S. or foreign contract - even if your customer defaults - it may have more confidence to provide you with increased funds or forego the usual requirements for collateral.

​Grow your business with confidence
EDC Portfolio Credit Insurance can be used to help free up funds to promote your business in new markets, pursue new customers, keep your operations and sales cycles running smoothly, and provide favourable payment terms to your customers.

How much does it cost?
The cost includes monthly premiums. Premium rates are based on several factors, including: 
  • type of coverage,
  • the type of goods you’re exporting or services you're providing,
  • your customer’s credit risks, and
  • the country you’re exporting to.
Easy claims process
We try to make the experience of making a claim quick and painless — you can report an overdue payment, submit a claim, or engage a collection agency online.

What risks does EDC Portfolio Credit Insurance cover?

EDC Portfolio Credit Insurance

​What's Covered ​What's Not Covered​

​Your policy protects you against the risk of non-payment by your customers. EDC Portfolio Credit Insurance will cover up to 90% of your losses due to any of the following:

  • Your customer declares bankruptcy
  • Your customer has cash flow issues and defaults
  • Your customer refuses to accept the goods
  • Hostilities in a particular market that prevent your customer from paying
  • Cancellation of export/import permits
  • Issues with currency conversion or transfer
EDC Portfolio Credit Insurance does not cover losses as a result of any of the following:


  • The loss relates to goods shipped when your customer was already in default of its payment obligations to you by more than 60 days
  • ​ your customer is disputing the amount they owe you (we can only pay once the dispute is settled and the amount owing by the customer is clearly established).

A complete list of exclusions to coverage is set out in the Policy.

Ready to get Started?

Apply now

Do you also need coverage on sales to Canadian companies in Canada?
If so, please use this Credit Insurance Application Form (PDF) instead

Have a question?

Have a question about our Credit Insurance solutions?

Call 1-800-229-0575, 9 am to 5 pm EST, or submit a question online.