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Corporate Single Buyer Credit Insurance (SBCI)

Single Buyer Credit Insurance (SBCI)

Small and Medium-sized enterprises (SME’s) are playing a vital role in shaping UAE economy. As per the CBUAE annual report 2022, SMEs contribute 63.5% to the non-oil GDP and represent 94.4% of companies operating in the UAE.

Single Buyer Credit Insurance from NGI is introduced to empower SME’s and UAE based businesses community by providing coverage against specific buyer default and non-payment. Further, it helps to unlock lucrative opportunities safely by covering buyers worldwide. Stand out and cover your specific credit risk and don’t let the fear from bad debt hold your growth and success.

Our insurance includes 5 core elements of credit management:

Core Elements

  • Information & credit risk assessment: which is attached to the buyer credit worthiness, the related sector, and the perspective country.
  • Underwriting: represented by local underwriting team with long experience
  • Policy servicing & risk monitoring: providing 24/7 service along with update exchange on the attached risk.
  • Indemnification: Prompt payment of claims up to 90% of the non-paid invoice.
  • Collection – by authorizing us, we help and support in collecting lost proceeds

Protection Against Unforseen Calamities

Disclaimer :

Please note that the above cover description is for information and does not represent the full coverage. For any clarification or information request, please contact National General Insurance Company Customer Service Desk.

Why Choose NGI

40+

Years of Experience

100,000+

Satisfied Customers

95%

Claim Satisfaction