Trade Credit Insurance is a type of insurance that protects businesses from the risk of non-payment by their customers. When a company sells goods or services on credit, there is always a chance that the buyer may default on payment. This insurance helps mitigate that risk by covering a portion of the loss if a customer fails to pay. By using Trade Credit Insurance, businesses can confidently extend credit to new and existing customers, knowing they have financial protection. This can help improve cash flow and encourage growth, as companies can take on larger orders without the fear of significant losses due to unpaid invoices.