Trade Enablers

HDFC Ergo

As a joint venture between India's largest housing finance company, and ERGO International AG, Munich Re Group's principal insurance entity, HDFC ERGO General Insurance Company Ltd., offers a full range of general insurance products, including Health, Motor, Home, Travel, and Personal Accident, as well as tailored products like Trade Finance, Marine, Property, and Liability Insurance for businesses.

Benefits of Trade Credit Insurance

• Safeguard your Balance Sheet and P&L against bad debt
• Potentially reduce and quantify bad debt provisions
• Better financing and borrowing options
• Increase profits
• Increase your sales confidently
• Avoid facing losses even before they occur
• Maintain profitability and cash flow and safeguard business plans and budgets
• Screening and information of clients
• Improve credit decisions
• Safeguard stakeholder and investor interest

Coverage offered

• Insolvency – Your business is protected from the risk of non-payment when a buyer is insolvent.
• Protracted Default – When your buyer fails to pay within the pre-defined period.
• Political Risks – You also have the option to cover Political Risks which covers
  • Moratorium
  • Transfer Restriction / Inconvertibility
  • War
  • Import/ Export Restriction
  • Natural Disaster
  • License Cancellation