Have y... Get an instant EDC Select Credit Insurance quote EDC Select Credit Insurance will protect your accounts receivables and profits. If your customer doesn’t pay you, we will. If you're selling internationally, you need EDC's Select Credit Insurance to protect your accounts receivable and profits. Select Credit Insurance offers short-term."

A credit policy is a set of terms that lays out how your company will issue credit to its clients and collect unpaid debts. It also specifies which team members in your company have the authority to grant credit or change the terms of credit. See The keys to a solid credit policy from Allianz Trade that overvie... Additional resources Credit."

EDC Select Credit Insurance: tips for filing a claim When your customer fails to pay an invoice, you can make a claim under your Select Credit Insurance policy. ... checklist Credit limit A credit limitAdditional documents Documentation proving a risk has occurred, the amount of the loss, loss is within the terms of cover of your."

Using the classic credit insurance platform Credit insurance help & support The classic credit insurance platform lets you manage all aspects of your Portfolio Credit Insurance (PCI) policy. It’s designed for self-serve policy management, so you can make changes and access documents anytime, from any device. Select a topic Getting started Policy."

Using your Credit Insurance Policy Credit insurance help and support Discretionary Credit Limit For coverage to apply to a buyer, you must establish a credit limit for the buyer. A credit limit can be established by obtaining a credit approval from us. You may be able to establish ... The DCL is the maximum credit that you can approve for a."

Getting started Credit insurance help & support The classic credit insurance platform lets you manage all aspects of your Portfolio Credit Insurance (PCI) policy. Help topics on this page explain how to complete key tasks using this platform. For a simpler experience, sign in to your MyEDC account and use the enhanced PCI... Select a topic How to."

– Review the Exclusion Provision in your policy to understand if any are applicable. 2EDC | Portfolio credit insurance | November 2025 Your claims checklist Credit limit A credit limit must be established by either: • Credit approval or • Use of your Discretionary Credit Limit method listed in your Coverage Certificate. Additional."

Have you used our quick quote calculator. Get an instant EDC Select Credit Insurance quote EDC Select Credit Insurance will protect your accounts receivables and profits. If your customer doesn’t pay you, we will. Get an instant quote Which EDC credit insurance solution is right for you. We offer trade credit insurance for exporters of all sizes.."

Credit insurance: Grow your exports, cut your risks Do you insure your property. Your employees. Credit insurance protects your bottom line if you don’t get paid. Export Development Canada (EDC) has a full suite of these insurance products, which will cover up to 90% of your insured losses if your buyer fails to pay. What is credit insurance.."

Protect your profits as you enter new markets and grow internationally Your accounts receivable can represent a large portion of your balanc... Portfolio Credit Insurance is a flexible solution that can: Insure an unlimited number of international customers Protect your invoices Cover pre-shipment costs (in some cases) Additional benefits."

EDC assumes no responsibility for inaccuracies contained herein. Copyright © 2016 Export Development Canada. All rights reserved. 7.1 EDC Select Credit Insurance Select Credit Insurance can be an ideal trade credit solution if you have a small number of overseas customers you want to insure against non-payment. It will typically cover up to 90."

EDC assumes no responsibility for inaccuracies contained herein. Copyright © 2016 Export Development Canada. All rights reserved. 7.1 EDC Select Credit Insurance Select Credit Insurance can be an ideal trade credit solution if you have a small number of overseas customers you want to insure against non-payment. It will typically cover up to 90."

Establishing credit limits Credit insurance help & support Having verified that your sale is covered, you must next assess the creditworthiness of your customer. To do this, you must establish a credit limit or, if a credit limit already exists, ensure that the lim... Obtain an irrevocable letter of credit or a bank guarantee to transfer the risk."

Credit insurance: Grow your exports, cut your risks Do you insure your property. Your employees. How about liabilities and data breaches. The answer is likely yes, yet many companies don’t insure what’s probably the biggest asset on their balance sheet–the money owed by their customers. Learn how credit insurance can protect your business and."

Credit limit The total amount of your credit limit should equal the maximum amount outstanding at any given time throughout the coverage period. SELECT CREDIT INSURANCE YOUR RESPONSIBILITIES Insurance Apply for and have an insurance policy in place prior to shipping goods or delivering services Records Always keep records of the."

YOUR CLAIMS CHECKLIST CREDIT LIMIT A credit limit must be in effect on the date the goods were shipped or services rendered. Credit approval PROOF OF DEBT Evidence to prove that a debt exists with either: Dated purchase order from your customer; or signed proforma invoices. Contract signed by both parties. Written acknowledgement of the."

The cost vs. the benefits of insuring your sales Can you afford not to get paid. This guide will help you weigh your options. Are you wondering if credit insurance is worth the cost. Credit insurance is a great way to protect yourself, but you may wonder if the benefits outweigh the price. This decision-making guide helps you calculate the costs."

These documents are : The general terms & conditions The general terms and conditions document is your main policy document. ... as a policyholder Your duties and obligations include: Paying required premium and fees Declaring your actual insured sales (if required by your policy) Notifying us of any event that may cause a loss Reporting overdues."

You understand the value of credit management practices to ensure you get paid and help you get more financing. Now get these advantages going for your company with these six steps towards credit risk management. In this article: 1. Complete Credit Application 2. Assess Creditworthiness 3. Set Realistic Credit Limits and Terms 4. Use Clearly."