Trade Protect

​Quick, Online Credit Insurance

Trade Protect is our export credit insurance option, available exclusively online, for Canadian companies who wish to insure up to five of their U.S. or international customers against non-payment.

Trade Protect Can Set You Up For Success

Protect against the risk of not getting paid
You’ll be covered for up to 90% of your losses if your customer doesn’t pay after receiving your product or service.
Free up cash flow
When your bank knows that your receivables are insured they may have more confidence to extend your line of credit.
​Grow your business with confidence
You’ll be able to try out new customers or extend payment terms to win the deal knowing you’re backed by our credit insurance.
Easy, fast, online access:
Apply, get your quote, and pay for Trade Protect through our exclusive online service that is available around the clock.
Low one-time cost
Trade Protect involves a one-time premium that is paid upfront by credit card.
Easy claims process
You can submit a claim quickly and easily online.
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What risks does Trade Protect cover?

What's Covered

Your policy protects you against the risk of non-payment by your customers.

Where goods have been shipped within the coverage period and accepted by your customer, you will be protected for up to 90% of the losses sustained (capped at the approved Credit Limit).

Examples of why a customer might fail to pay you after accepting the goods:

  • your customer declares bankruptcy
  • your customer has cash flow issues and defaults
  • hostilities in a particular market that prevent your customer from paying
  • issues with currency conversion or transfer
What's Not Covered

Under certain circumstances we will not pay your claim for a loss. For example, we will not pay if:

  • the loss relates to goods shipped outside the coverage period, including goods shipped prior to your applying for coverage
  • 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 is set out in the policy.

You are eligible if:

  • You have NOT yet shipped the goods or provided the services you want to insure.
  • The goods and services you want to insure are shipped directly from Canada.
  • You are looking to insure $500,000 or less per customer.
  • The payment terms you are extending to your customer are 180 days or less.
  • You do not sell adult entertainment goods or services, addictive substances, computer software, goods or services related to gaming or gambling, hazardous goods, live animals, embryos or semen, or military goods.


Ready to get Started?

​To receive a free quote or to purchase a policy, you will need to sign up to access our online

Have questions?

Speak to one of our representatives at 1-866-838-0079 weekdays 9am to 5pm EST or Submit a question.