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Protect against risk

Knowing how to manage risk is critical to building your business beyond Canada’s borders. While it’s difficult to predict if a U.S. or foreign customer will refuse delivery or file for bankruptcy, our credit insurance solutions can protect you against a variety of political and commercial risks—giving you the confidence to take on new contracts and expand into new markets.

I want to protect all of my U.S. and international sales

Credit insurance is an easy way to safeguard your company’s profit margin. Our Accounts Receivable Insurance protects you against the risk of non-payment by your U.S. and international customers in the event your customer does not pay. We cover up to 90 per cent of losses resulting from non-payment—and can also insure the receivables of your foreign affiliates in most countries.

I have one customer to insure

Our flexible and affordable Single Buyer Insurance is a credit insurance solution that covers unlimited export sales to a single non-Canadian customer for a period of 180 days—making it easier for you to pursue a new customer and establish your business in a new market.

I have one new contract to insure

If you’ve signed a single contract with a U.S. or foreign customer our Contract Frustration Insurance can help protect you from risks such as contract and permit cancellation, payment delays and political instability by insuring up to 90 per cent of your eligible losses.

I’m concerned about investing or holding assets in a foreign market where the political situation is sometimes uncertain

Our Political Risk Insurance covers your assets held overseas (such as equipment and manufacturing facilities) and foreign investment for up 90 per cent of losses resulting from unpredictable events such as war and political upheaval, or seizure and expropriation.

I’m worried my customer will call my letter of guarantee

Even when you deliver your goods or services as promised, a customer might wrongfully call your letter of guarantee. Depending on the type of letter of guarantee issued, our Performance Security Insurance covers the amount of the loss you sustain if the letter of guarantee is called without a valid reason.

Learn more

Protect Your International Sales (PDF) 

Questions?

Complete an online inquiry form.

Important Information
The above information describes, in general, EDC services and is not a commitment to provide them. Only the documentation supplied by EDC, in connection with any transaction, provides the full detail and terms and conditions.

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Dealing with Credit Risk

4 steps to strengthen your credit management practices

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