Trade Credit Insurance

It provides coverage against the risk of non-collection of trade receivables arising from domestic forward sales, up to a maximum term of 120 days, for businesses in the SME-plus segment with turnover and financial size exceeding 500 million TRY.

Those who benefit from receivables insurance effectively secure their receivables, eliminating the risk of non-payment.

Coverage

Trade receivables that are not paid on the due date

Coverage is provided for legal situations such as bankruptcy, composition, liquidation, and default

Covered Sales

Open account sales

Term sales made with checks and promissory notes

Sales where the maturity date is stated on the invoice or included in individual contracts

Foreign currency-indexed sales

Sales Not Covered

Advance (cash) sales

Sales made via credit card

Sales under bank guarantee (such as letters of guarantee, DDS, etc.)

Sales to public institutions, municipalities, chambers and exchanges, professional organizations, associations, foundations, and state economic enterprises

Sales to individuals who are not merchant

Sales Channel

You can purchase your insurance through our nearest branch.

Insurance Provider

Trade Receivables Insurance is provided by Türkiye Sigorta A.Ş.

General Terms and Conditions

You can find detailed information about the general terms and conditions here.