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Domestic Trade Credit Insurance

Applicable to companies or banks registered in China.

The trade contract is made in writing, authentic, lawful and valid.

Cover commercial risks including buyer’s bankrupt, insolvency and default on payment.

SINOSURE offers the following domestic trade credit insurance products

1. Domestic Trade Credit Insurance

This product is appreciably to eligible domestic trade transactions. Under the insurance contract, SINOSURE indemnifies the loss of A/R due to insured risks after the insured delivers goods pursuant to the sales contract and the buyer takes delivery of goods.  

2. Domestic Trade Credit Insurance (Import Factoring)

This product is designed principally for the import factoring business of banks. Targeted at banks as insureds and direct service recipients, the product covers the risk of the domestic buyer (importer) failing to reimburse the bank due to bankruptcy, default on payment or other commercial risks.