Whole Turnover Credit

Whether you are a local trader or a multi-national corporation, reducing your credit risk and protecting your cashflow is a critical consideration. 
TMHCC’s credit insurance will protect you and your business from serious payment delays or the insolvency of any of your customers. If you are involved in exporting, we’ll cover your foreign buyers and the potentially damaging effects of non-payment caused by political risks.  

 Best for

• Contractors and Sub-Contractors
• Distributors
• Manufacturers
• Service Providers
• Trading Companies
• Wholesalers
   

Summary of coverage 

Our cover is available across a broad range of industries to all types of businesses, whether you’re a smaller local trader or a large public company. Our policies provide comprehensive cover and we have the flexibility to tailor our products to meet your particular needs, enabling you to trade with confidence and focus on growing your business.

 Highlights

• Fully automated online system for instant credit limit decisions
• Over 99% of all UK credit limit requests dealt with in less than 24 hours
• Direct access to our specialist risk underwriters
• Allocated commercial underwriter for each customer
• Ability to provide bespoke policy wording to support individual business practices and processes
• Market-leading fast and fair claims service – no need to obtain ‘proof of debt’, helping to significantly speed up our claims assessment process
• Flexible approach, including claims thresholds and aggregate first loss solutions
• Industry-specific policy wordings
• Added value in enhancing your business’ credit control process
• Discretionary credit limits allowed and opinion service provided
• Access to commercial debt collection services via our partner, Nelsons
• Part of a large global insurance group with a Very Strong rating by Standard & Poor's
• Local personalised service and global reach