Congratulations! You’ve found one of the best kept secrets of the insurance market.
You can purchase credit insurance on a single customer (aka ‘obligor’).
And crediteureka is the easiest, fastest, and least expensive place to do this on the internet.
Top 5 Reasons to Use an Independent Credit Insurance Agency
- Access to More Insurers & Better Coverage
- Lower Costs
- Higher Credit Limits & More Approvals
- Tailored Contracts & Flexible Terms
- Expertise That Property Insurers Lack
Which customer companies are eligible?
Any of them. The customer can be foreign, domestic, public, and even private.
Who are the sellers of this wonderfully exact product?
Sellers are commercial insurers, commercial banks, and government owned insurers – aka Export Credit Agencies (ECAs). All investment grade, unless you decide you prefer a private equity solution.
What’s the cost?
The market for insuring single customers often have premium minimums for single account coverage.
- ECAs. If you’re an exporter, and your products/services qualify for an ECA product, good news! Government agencies such as EXIMBANK have no premium minimums. As government entities, these are the least expensive alternatives around.
- Commercial Insurers. Commercial insurance market offers single customer insurance without seller and buyer location restrictions. Their minimum premiums range from $35K – $75K and up, depending on the customer and the dollar amount of insurance requested.
- Commercial Banks and Private Capital. These sellers are typically the most expensive, with minimums starting closer to $100K.
“Look… I’m in a hurry… I just need a quote, and don’t need to know how the sausage is made until there’s something to buy.”
Right On! Let’s get to it. Click below to get started. Depending on the name and dollar amount, quotes can be as short as same day. If it’s not ‘one of those’, expect it to take 2 – 3 days (unless, it’s the government).
