WLC Insurance empowers your business with trusted credit protection, expert insights, and flexible programs designed to match your global operations.
Frequently Asked Questions
As a leading provider of credit insurance and trade risk solutions, we’re here to answer your most common questions and help you better understand how our services can protect and support your business.
What is Commerce Credit Insurance?
Commerce credit insurance, also known as accounts receivable insurance, protects your business when a customer fails to pay a trade debt—whether due to insolvency or prolonged non-payment. It covers up to 90% of the outstanding amount, provided the trade was conducted within the approved credit limit set for that customer.
This insurance gives you peace of mind and financial security to trade with confidence.
How Does Commerce Credit Insurance Work?
Commerce Credit Insurance is tailored to the needs of your business, informing daily credit management decisions as you trade with new and existing customers.
Customer Health Check
We begin by assessing the creditworthiness and financial stability of your customers to evaluate their payment risk.
Credit Limit Calculated
A specific credit limit is set for each customer—this is the maximum amount we will insure if the customer fails to pay.
Business as Usual
Continue trading confidently with your existing customers. Their risk is covered up to the approved limit.
Trading Limit Updates
We proactively monitor risk and notify you of any changes to customer limits—raising or lowering them as needed.
Business Building
When assessing new clients, we evaluate and either approve your proposed limits or explain why coverage isn’t available.
Making a Claim
If a customer doesn’t pay, notify us. We’ll investigate the case and compensate you for the insured amount if the policy terms are met.
FAQ
Global Credit Insurance, Tailored for You
Discover specialized credit insurance solutions built for multinationals and financial institutions. From global expansion to risk protection, our programs adapt to your needs.
Commerce credit insurance is valuable for any business that sells on open account terms. It protects your cash flow against non-payment risks and helps strengthen credit management. Even if you trade on different terms, we offer tailored credit solutions to support your business activities. Contact us to find the best fit for your needs.
Our credit insurance is best suited for projects valued at $2 million or more. In some cases, projects above $1 million may also qualify. If your needs fall below this range, we recommend speaking with your broker or banker to explore other protective options.
Yes. Even reliable, long-standing customers can face financial difficulties due to changing economic conditions. We continuously monitor your buyers’ creditworthiness so you can trade confidently without having to make that investment yourself.
Absolutely. We support multi-year agreements and long-term transactions. Contact us with your project details, and we’ll guide you on the best coverage options.
Yes. Our coverage includes non-payment due to political events like war, import/export restrictions, or currency transfer limitations. This helps safeguard your trade when geopolitical risks arise in your buyer's country.
To maximize your policy’s value:
- Train your team to use our systems effectively.
- Use our credit ratings and limits to guide sales and protect against bad debts.
- Improve financing terms by showcasing insured receivables.
- Leverage our insights to explore new markets safely.
- Streamline collections and accelerate cash flow using our global network.
- Align your internal processes with our systems for greater efficiency.
Global Leaders in Trade Credit Protection
WLC Insurance is a global leader in the field of credit insurance, specializing in comprehensive trade credit protection. We deliver expert solutions that safeguard businesses against non-payment risks, support effective cash flow management, and provide protection through debtor insurance, excess of loss coverage, and surety bonds.
Our services also include accounts receivable insurance and commercial debt collection, helping companies recover overdue payments and reduce exposure to bad debts. With a commitment to empowering businesses worldwide, we enable our clients to make informed trade decisions, mitigate financial risks, and grow their operations securely and confidently.
Contact Us
Consult with our commerce credit specialists regarding your clients to gain insights into the associated risks and potential opportunities.