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We have cars and so car insurance. We have building so we have building insurance too. Earthquakes… Yes of course, we have an insurance for this too. People always buy something, sometimes by market, sometimes by internet. People spend money. Is their money and the product that they’ve just bought insured? Is there a guarentee for say “trading is safe” especially “international trading safe” ? But we always want to buy someting, we have needs. How we satisfy our necessaries with least risk? Now, we have got a new requirement: “Trading Insurance”.
Imagine that you have a company. You want to make your company bigger and bigger. But trading is a interesting way which has a lot of risks. If you want to be a leader company, you must be trading all over the world. At this point we have a question, how? Do you have enough resource for this work? If your answer is “NO” than you need credit. Go and get an acceptance from a bank for credit.
Now, we have enough money. As we say trading has lots of risks and we need our money under guarantee. If you dont want to lose, there is something for you. Trade credit insurance. This is a necessary in this risky way.
There are two ways for insuring your money. In exporting trade business, trade credit insurance offered by goverment and this makes your products and money under goverment guarantee. Second alternative is private insurance companies. Both of ways are useful and safe.
Technology is growing faster then other business areas. We meet lots of new technological products everyday and we want to have it. But everyone ist not lucky. That product may not sell in his/her country. This is a difficulty for having the product but having is not impossible. He/She can buy everything by e-Trading. From buying the product to shipment… We have insurance again. For product and for money. That’s what we need trade insurance.
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