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Over 2000 insurance specialists ready to support you

About Credit Insurance


Credit management and risk analysis.

The specialists at Towergate can assist with many aspects of credit management and risk analysis.


Peace of mind

Our credit insurance provides protection of debtor items, profit and cashflow


Protection for shareholders

Credit insurance policies provides protection for shareholders against loss of profits

Direct Debit

Risk assessments with credit insurance

We can offer assistance with risk assessments on customers and markets

Credit Insurance That Works for You

We appreciate that credit is vital to trade for small and medium sized businesses but increasingly difficult to secure in tough economic conditions. So, our approach is to give you access to a broad range of insurance products at a time when many of our competitors are withdrawing from supporting this aspect of the market.


Features of Credit Insurance

Count on the expert team at Towergate to arrange Credit Insurance for your business with benefits that include:

  • Peace of mind – protection of debtor item, profit and cashflow

  • Improved access to finance

  • Protection for shareholders against loss profits

  • Balance sheet protection

  • Assistance with risk assessment on customers and markets

  • More effective sales targeting

  • Enhanced credit control procedures

  • Reduction in bad debt reserve

Credit Insurance from Towergate


Credit Insurance FAQs


Why do I need credit insurance?


Suffering a bad debt can cause a business to fail, so credit insurance is well worth considering if you sell a product or service to businesses on credit terms. For instance, if your profit margin is 5% and you suffer a £25,000 bad debt, you will need to increase sales by £500,000 just to recoup the lost profit from that bad debt.

  • Customer Insolvency – Administration, receivership, bankruptcy and liquidation.

  • Protracted Default – Client non-payment of your invoices after a specified period due to lack of funds and where the debt is not disputed.

  • Political Risk – Losses arising from government intervention e.g. currency inconvertibility, cancellation of export or import licences, war and natural disaster.

How do I make a claim?

When you need to make a claim, we’ll guide you through the process and get your claim settled as quickly as possible.


Find your insurance documents

and make sure you have all your information at hand, including your policy number


Call the claims team

on the number in your policy document and explain exactly what happened


Provide photos if requested

to help us understand what happened as quickly as we can

Relaxed Person Making Claim