Single Situation credit insurance cover

Benefit from a safety net for a particularly large contract or a key customer.

Our Single Contract Cover provides a flexible way to protect specific contracts from political or commercial risks. Our Single Buyer Cover helps protect the relationships that are most important to your business. Both of these single situation covers can be combined with complementary Atradius products to create a policy most suited to your needs. As with all Credit Specialties policies, the key features and individual wording will be unique to your policy.

Single Contract Cover

Single Contract Cover may insure you against the costs incurred by disruptions prior to shipment, as well as credit risk following delivery or completion of works. Most policies offer non-cancellable limits and many can cover you against the unfair calling of bonds for both public and private organisations.

Key features and benefits

• Bespoke policy wording – cover that precisely matches your contract
• Non-cancellable limits 
• Flexibility to provide support up to seven years in length
• Pre-shipment and credit risk cover
• Up to 90%-95% indemnification
• Political and commercial risk cover
• Cover against unfair calling of bonds

Single Buyer Cover

Your most valuable customers can also pose significant risks. Our Single Buyer Cover is designed to help you cover  the risks associated with a specific customer. This can include political risks in your customer’s country and cover for pre-shipment production costs. This policy is ideal when you don’t need cover for all your receivables but want to address risks from key customers. You may also choose to enhance your multi-buyer credit insurance with additional cover for those customers that represent the highest risk.

Key features and benefits

• Available for revolving business with a single customer
• Cover for your largest obligors, providing high risk concentration
• Non-cancellable limits 
• Production costs can be covered as well as invoiced amounts
• Up to 90%-95% indemnification
• Political and commercial risk cover
• Can be combined with an existing Atradius policy