TopLiner: Enhance Your Trade Credit Insurance Coverage

Trade credit insurance serves as a protection against the risk of non-payment of debts both within Belgium & Luxembourg and abroad.

An additional guarantee, sometimes called top-up trade credit insurance, allows you to exceed the guarantees given by your trade credit insurer by adding higher limits. This supplementary credit insurance seamlessly complements your conventional credit insurance lines, and at Coface, it is known as TopLiner.

Trade credit insurance in its standard form may sometimes not be sufficient to secure a contract with new prospects or existing customers. There might be instances where surpassing the basic limit becomes imperative.  It is, therefore, necessary to review the need for cover against non-payment and to provide top-up credit insurance to cover the total amount outstanding.

Securing a top-up credit insurance policy (referred to as TopLiner at Coface) is a straightforward, 100% online process. After subscribing online, Coface proposes a price adapted to the risk you wish to insure and takes into account in real time the amount and duration of cover you wish to obtain. The pricing is adapted and provided online, which allows you to assess the increase in risk.

Top-up trade credit insurance is also attractive due to its non-cancellable coverage for a duration that you determine, extending protection to your clients globally.

When you buy a top-up credit insurance :

• Select the additional amount for coverage (ranging from €5,000 to €5,000,000)
• Determine the guarantee duration (between 30 and 90 days)
• Adjust these parameters online if needed to align with your specific requirements

Coface's expertise allows you to calculate the cost of your credit risk directly. You can then compare this against your net margin to ensure the profitability of your business operations remains intact.