Insurance House in conjunction with our Authorised Representative partner Prasidium Trade Credit Insurance are excited to announce an industry first insurance offering to our valued clients.
A Trade Credit insurance policy exclusive to grain growers that protects their forward contracts against insolvency and trade with certainty.
Key benefits of the program:
- Policy covers individual sales contracts meaning you chose the contracts you want to insure
- Covers against insolvency of customer prior to delivery for the contract period*
- Covers against insolvency and non-payment after delivery
- Covers 90% of contract value
- Simplified with minimal policy management
- Free collections service
- Cost effective premiums - $1500 or 0.5% of sales contract whichever is greater
For more information or to obtain a quote, please contact Mark Smith at Prasidium Trade Credit Insurance on 1800 795 475 or email mark.smith@prasidium.com.au. Alternatively contact your Insurance House broker to find out more.