EDC Select Credit Insurance
1-800-229-0575
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If you're selling internationally, you need EDC Select Credit Insurance to protect your accounts receivables and profits.

You work hard every day to grow your business. But every time you send a shipment or provide a service, there’s a chance you won’t get paid. Mitigate risk of nonpayment with EDC Select Credit Insurance; if a customer doesn’t pay you, we’ll cover up to 90% of your insured losses.

 

 

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To speak to a trade advisor on weekdays between 8:30 and 6 p.m. ET. Call 1-800-229-0575 or 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 on weekdays between 8:30 and 6 p.m. ET. Call 1-800-229-0575 or send a question.

How it works

You qualify if:

  • All of the goods and services you want to insure are sent directly to your international customers, OR you are involved in the manufacture, design or the research and development of the product being sold internationally (you do not have to do both).
  • You want to insure $500,000 or less per customer
  • Your customer has 180 days or less to pay you
  • You have not yet shipped your goods or provided your service
If these qualifications don't meet your needs, EDC Portfolio Credit Insurance might be right for you. Click here to find out or let us know you’d like to speak with one of our trade advisors to find the best solution for your needs.
  • Your customer doesn't pay you 
  • Your customer declares bankruptcy
  • Political issues in your buyer’s country prevent them from paying you
  • There are problems with currency conversion or transferring money out of your buyer’s country
  • Your customer legally ends your contract before you ship
  • You shipped the goods even though your customer had already failed to pay on time
  • Your customer is disputing how much they owe you
  • You changed the contract’s payment terms

If these “not covered” points are something you’d like insurance for, EDC Portfolio Credit Insurance might be right for you. Click here to find out.



The benefits don’t end with protecting your business’s accounts receivables

Apply now

If EDC Select Credit Insurance doesn’t cover all of you needs, our alternate solution, Portfolio Credit Insurance, might.

How often do you export your products and services?


 

Not sure if Select Credit Insurance is the right fit for your business? 

Call us at 1-800-229-0575

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


 


 

Date modified: 2023-10-04