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Why you need EDC Portfolio Credit Insurance

Your accounts receivable can be close to half your balance sheet. Protect your profits with EDC Portfolio Credit Insurance, and get covered for 90% of your insured losses if a customer can’t pay.
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Protect your profits. Here's what EDC Portfolio Credit Insurance covers.

  • Your customer declares bankruptcy
  • Your customer defaults on their payment
  • Your customer refuses to accept the goods
  • Your customer terminates your contract before you ship
  • Hostilities in a particular market that prevent your customer from paying
  • Cancellation of export/import permits
  • Issues with currency conversion or transfer
  • Optional coverage for domestic sales

    Do you also need coverage on sales to Canadian companies in Canada? If so, please use this     Credit Insurance Application Form (PDF)
  • The loss relates to goods shipped when your customer was already in default of its payment obligation
  • 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 will be set out in the Policy

Still have questions on credit insurance?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

Or send us a question and we'll get back to you as soon as possible. Send a question

Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy Senior Trade Advisor, EDC