Non-cancellable Solutions

Discover our customized solutions for protection from extraordinary loss

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Non-cancellable solutions: Protection from extraordinary loss

Non-cancellable solutions, also known as Excess of Loss or XoL, provide protection against extraordinary credit losses. Designed for companies with mature risk management practices, non-cancellable solutions provide custom credit limits and flexible underwriting to allow your business more autonomy and certainty with finances.

  • Defined credit limits

    Non-cancellable solutions provide credit limits for a designated period agreed upon at policy inception.

  • Tailor-made

    Non-cancellable policies are completely customized to provide credit limits and terms that match your risk appetite and management practices.

  • Flexibility

    Autonomy to manage your credit risk and exposures following your own credit management procedures.

  • Expert advice

    Coface underwriting experts and economists are available to discuss buyer credits, market evolution, and trends.

  • Debt collection support

    Benefit from our debt collection expertise with 230 specialized staff members and an international network of over 190 countries.

Coface Cover+

Coface Cover+ is a hybrid product that offers the best of both worlds. Customers benefit from classic trade credit insurance protection for their whole portfolio with non-cancellable credit limits for key accounts. 

Key product features include: 

- Domestic and international coverage

- Flexible policies to support risk sharing agreements

- Use of a customer's existing credit management practices 

- Known credit limits for fixed periods with key clients

- Access to Coface risk experts

Benefits of Credit Insurance

Coface Trade Credit Insurance products offer customers protection to grow. With credit insurance, your business can: 

- Limit the financial impact of unpaid invoices to secure your margins 

- Optimize your balance sheet and other financial reporting

- Protect receivables and cash with non-payment protection

- Gain access to more favorable financing terms 

- Leverage Coface expertise to strengthen credit management practices 

With Coface coverage, your business can focus on growth. 

 

Frequently asked questions