What is a Credit Insurance?

Credit Insurance is an instrument which protects the Companies against the risk of non payment of accounts receivable, both in the National and International Markets, due to declared insolvency (bankruptcy, suspension of payments concerning creditors, or other similar situations), or for non payment of credits for more than 6 months.

How it works?


The Insured will maintain a percentage of the risk for their own account, the proportion of which will fluctuate between 15 to 25 percent of the provided limit, thereby ensuring prudence concerning awarding of credits, considering that they maintain direct contact with the client and can therefore perceive any eventual solvency deterioration or changes in payment behaviour.

Global Considerations

The total credit portfolio, or part thereof, must be insured as defined, based on objective selection criteria agreed by the Company and the Insured.

Types of Credit Insurance

Domestic Credit Insurance

Provides coverage for credit sales within the national market to legal or natural entities with commercial activities. The Insured’s domestic credit portfolio is divided into two types of clients: nominated and non nominated, based on the amount of the credit limit awarded to each one, establishing a division that will depend on the spread of the portfolio and the volume of sales established with the clients. Minor or non nominated clients are those whose credit limit is lower than the established segmentation for the client in consideration of their sales volume. The evaluation is for account of the Insured, based on guidelines defined by the Company. Nominated clients are those whose credit limit is in excess of the separation established under the policy, which will be approved, limited or rejected after an exhausted evaluation made by an InSur expert analyst.

Export Credit Insurance

Provides coverage for credit sales carried out in the international market, that is, covers the Commercial Risk of exports.

The Export Credit Insurance contributes to the increase of the exporters’ sales and incursion into new markets, as it allows them to export under a minimized and defined risk, supported by an expert credit risk evaluation. It furthermore provides an additional benefit consisting of periodic follow up of clients and of collection of possible non payments, which is more relevant abroad considering legal, cultural and language differences.

On the other hand, the Export Credit Insurance contributes to the development of competitive advantages as it allows exportations to new and existing clients under previously evaluated credit conditions, without the necessity of payment warranties, such as Letters of Credit, without time consuming dealings and resources with respect to clients that do not qualify financially for credit allowance.

Furthermore, foreign sales encounter a non payment risk due to political decisions or situations, in other words, losses caused by non payment of credits not attributable to insolvency of buyers. The Insured can therefore purchase a special additional clause covering Political Risks, including the following instances:

  • War, civil war, revolution, or occupation of territory by a foreign power.
  • Expropriation or confiscation, requisition of merchandise, or delay of transference of foreign currency due to lack of funds or government instructions.
  • Cancellation of export or import permits.
  • Unilateral cancellation of contracts by the importers government.

It is also possible to provide coverage for credit sales by companies established or domiciled out of Argentina or to affiliates of our insured, who wish to cover their exports or sales in the local market.

Complementary Services

Evaluation and individual selection of risks

InSur evaluates the Insured’s credit portfolio and provides counseling regarding definition of credit limits to clients during the entire policy period.

Portfolio follow up

InSur will provide notification in case of any situation that it presumes or anticipates will signify payment problems.

Collection in case of loss

InSur will take charge of prejudicial and judicial collection measures and costs incurred anywhere in the world, where there are clients of the insured covered by a Policy.


  • Protects creditors against the risk of non payment.
  • The Insured gains a «partner» who assumes the major percentage of the risk of accounts receivable.
  • The Insured has back up provided by market studies and analysis of clients provided by an expert analyst.
  • Allows anticipation of risk factors by InSur, based on important crossed information regarding payment behaviour risks between their Insured mainly in the domestic market.
  • Has payment coverage in the majority of countries worldwide.
  • Allows diminishing of provisions for uncollectible funds.
  • Allows arrangement and structuring of credit policies.
  • Facilitates access to financing, as the policy can be endorsed to a third party (banks, factoring), thereby obtaining bank credits with more ease and lower costs.
  • Improves the Company’s financial classification.
  • Facilitates penetration of new markets.
  • Improves competition in the international market.

Sales Team


Mariana Muñoz

Required information

Domestic Credit Questionnaire ARS

Export Credit Questionnaire USD

Domestic and Export Credit Questionnaire

Scroll to Top