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Product info Trade Credit Insurance
Trade Credit Insurance
Provide credit coverage for individuals / micro / small / retail entrepreneurs in an effort to obtain credit from Banks / LKBB / Non-Financial Institutions, which do not meet the Bank's technical requirements (non-Bankable) but are feasible to be financed.
User (Insured)
Banking namely: Government Bank, National Private Bank, BPR, BPD, Sharia Bank
Non-banking institutions: such as, multi-finance, pawnshops, cooperatives and PNM
Benefits of Trade Credit Insurance
Benefits of Trade Credit Insurance

Increase Sales
Assist the Insured and his Buyers in increasing sales

Provide Policy
Assisting the policy of granting the insured credit to the buyer

Reducing Doubtful Receivable Costs
Help the Insured to reduce costs in the form of doubtful accounts reserves;

Access to Trade Finance
Help the Insured to get access to trade finance
Features of Trade Credit Insurance Products
Fitur Produk
Types of Trade Credit that can be insured
- Domestic regular
- Domestic Contract Cover
- Domestic Supply Chain
Time period
The period of coverage is in accordance with the trade credit contract
Indemnity Value
The value of compensation is equal to the amount of outstanding debt
List of Business Products
Choose Askrindo Insurance Products According to Your Business Needs

Multipurpose Credit Insurance
- Provide credit coverage for individuals or business entities that do not meet the Bank's technical requirements (non-bankable) but are feasible to be financed.

Trade Credit Insurance
- Trade Credit Insurance Provides coverage to the manufacturer / distributor because of the possibility of failure to pay a number of trade credit receivables by the buyer.

Surety Bond
- Provide guarantees to the Work Owner (Obligee) against defaults arising from non-fulfillment of obligations by the Work Executor.

Cons of a Bank Guarantee
- Memberikan jaminan dalam bentuk kontra garansi atas fasilitas bank garansi yang diterbitkan oleh Bank kepada Principal apabila Principal mengalami wan prestasi dalam pelaksanaan pekerjaannya.

Custom Bond
- Provide guarantees to the Directorate General (Ditjen) of Customs and Excise for the risk of not being settled obligations by the Exporter / Importer
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