Trade Credit & Political Risk or Credit insurance provides you with protection against the risk of non payment by your customers when trading domestically and internationally. Our Credit Insurance Vertical will work closely with you to meet your business needs and facilitate safe business growth without exposure to unnecessary risk.

JBB can design tailor made Credit Insurance solutions to suit the needs of your business. We can also arrange an independent assessment of the financial viability of your debtors and collection of bad debts. Our insurance solutions will help in negotiating better rates for financial facilities which are availed from Banks and financial institutions.

J. B. Boda works extensively with various reputed underwriters to develop improved trade credit practices.

Scope of cover Commercial Risk
  • Non payment by the buyer - protracted default
  • Insolvency of the buyer
Political Risk
  • Military or civil war, revolution, riot or insurrection
  • General moratorium on payment by the government of buyer's country
  • Cancellation of import license
  • Government decision preventing performance
  • Political events, economic difficulties, legislative or administrative measures preventing payment
  • Non payment by government buyer