Credit & Political Risk.

Trade credit insurance (also known as credit insurance, business credit insurance or export credit insurance is an insurance policy and risk management product that covers the payment risk resulting from the delivery of goods or services.
Trade credit insurance usually covers a portfolio of buyers and pays an agreed percentage of an invoice or receivable that remains unpaid as a result of protracted default, insolvency or bankruptcy.

Trade credit insurance is purchased by business entities to insure their accounts receivable from loss due to the non- payment of valid debt by their debtors. It can also be expanded to cover losses resulting from political risks such as currency inconvertibility; war and civil disturbance; confiscation, expropriation and nationalization.

Masumali Meghji Insurance Brokers Ltd is one of the largest independent Insurance Brokers in the Coastal Province, and has been serving the community for 30 years.