EDC Select Credit Insurance

EDC Select Credit Insurance

Insure your export sales in as little as 10 minutes and protect your business from the risk of non-payment.

Why you need EDC Select Credit Insurance

Every time you send a shipment or provide a service across our borders, you put your business at risk of not getting paid. With EDC Select Credit Insurance, if a customer doesn’t pay you, EDC will cover 90% of your insured losses.

Win more business

Stay competitive by extending attractive payment terms to your customers up to 180 days.

Explore new markets

Test out new business relationships and insure transactions up to $500,000 per transaction without the risk of non-payment.

Fast approval

Protect your sales to the U.S. or internationally and quickly apply, get approved and manage your policy exclusively online.

Simple claims process

Submit a claim easily online where you can monitor the status and receive support from our caring support staff.

Protect your profits. Here's what EDC Select Credit Insurance covers.

  • Your customer defaults on payment
  • Your customer declares bankruptcy
  • Hostilities in a particular market that prevent your customer from paying
  • Issues with currency conversion or transfer in your buyer’s country
  • Your customer refuses to accept your goods
  • Your customer terminates your contract before you ship
  • 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
  • You changed the payment terms set out in your contract
  • You also need coverage for domestic sales

    If your needs are different, check out EDC Portfolio Credit Insurance.
  • You are looking to insure $500,000 or less per customer
  • You are extending payment terms to your customer that are 180 days or less
  • You have not yet shipped your goods or provided your service
  • All of the goods & services you are looking to insure are exported directly from Canada to your customers, or you are involved in the manufacture, design or R&D of the product being sold

    If your needs are different, check out EDC Portfolio Credit Insurance.

Get an instant EDC Select Credit Insurance quote

What amount do you want to insure?

Enter an amount greater than $0.

How long do you need coverage for?

When do you expect to be paid by your customer?

Amounts over $500,000 cannot be insured with EDC Select Credit Insurance. Learn more about EDC Portfolio Credit Insurance.            

Get insured for the next 90 days for as little as:

- *

Send a question

To speak to a Trade Advisor, weekdays between 9 am and 5 pm EST
Call 1-888-220-0047

Call 1-888-220-0047
Send a question

**This quote is for information purposes only and is not an offer of insurance. It does not form part of any insurance contract that may be issued.

To speak to a Trade Advisor, weekdays between 9 am and 5 pm EST
Call 1-888-220-0047

Call 1-888-220-0047
“In a business our size, EDC Select Credit Insurance means the difference between existing and not-existing. You can take all the risks you like to grow your business, but if it doesn’t work, you’re out of luck.”

Peter Hawkins, Co-owner of MELLOHAWK Logistics

Product

Freight-forwarding

Number of Employees

11

Key Foreign Markets

U.S., Brazil

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Still have questions on credit insurance?

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

1-888-220-0047

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