Provided by Credit Group

Excess of Loss

Credit limit cancellations are not only frustrating for a credit manager but can also impact a business’ bank financing. Tokio Marine HCC - Credit Group is a leading provider of non-cancellable Excess of Loss coverage protecting account receivable from non-payment due to commercial or political events.

Best for

  • Manufacturers
  • Trading Companies
  • Service Providers
  • Wholesalers
  • Distributors


  • Non-cancellable limits
  • $50 million maximum line for any one risk
  • Discretionary credit limits with the policyholder making a majority of the decisions
  • Typically 90% indemnity but can be higher based on level of deductible
  • Borrowing base enhancement with insurance being viewed as a form of collateral
  • No buyer limit or collection fees
  • No cap on ‘"DCL’" losses
  • Minimum premium of $25,000
  • Multi-year policies
  • Broker commission of 20% for the first year and, 17.5% for each corresponding renewal
  • Pre-shipment, advance payment and consignment coverage available
  • Worldwide scope
  • Responsiveness of a dual underwriting platform with experts in New York and London
  • Emphasis on building a customer relationship and a long-term partnership
  • Superior claims management processing and customer service

Summary of coverage

  • First-loss deductible that can be adjusted to meet the desired structure and target premium
  • Available on a portfolio or select key accounts basis, protecting a company from catastrophic loss relating to large credit exposures
  • All goods and services are eligible for coverage with no limitation regarding where the product is manufactured
  • Premium payment options are available based on sales, account receivables, approved credit limit or a fixed amount
  • Admitted in all 50 states

Your team

Head office

135 Pinelawn Road, Suite 150N
Melville, NY 11747

Blake W
Blake Weber

Sr. Vice President, Credit Underwriting

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why choose tmhcc

Why choose Tokio Marine HCC?

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.

More about us Financial strength

Not all products, coverages, or features may be available in all states. Restrictions, exclusions, limitations, and conditions apply and you should see your agent for more information. Certain products and services are provided through non-admitted insurance carriers and are not subject to certain State Guaranty Funds.