Credit card rental insurance is a specific feature of the vast majority of credit cards, which will provide you with coverage should a rental vehicle be damaged after a collision, or if it is stolen. This life insurance is specifically designed to pick up from where your primary insurance coverage ends. This will also include paying your deductible. If you have no car insurance when you are in a rental car, you should find that your credit card company will generally act as your primary insurer. However, with that said, you will find that the terms and conditions vary from company to company, so it is extremely important that you read the fine print to determine whether or not your credit card company offers this benefit.

In order to ensure that you have credit card rental insurance, you will need to pay for your rental car with a credit card that offers this specific coverage. You are likely to be offered collision damage waiver insurance by the car rental company, although you are now aware that you do not require this coverage. It is also extremely important that you are the primary renter of the car. Credit card rental insurance makes life extremely easy and there is actually no need to notify your credit card company unless a particular incident or loss occurs.

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Through our Strategic International Insurance Company Partners, Castle Rock International Insurance offers an International Trade Credit Insurance program, which provides the security a company needs to compete globally by insuring what is often the company’s largest asset — its accounts receivables. Programs include:

Comprehensive International Export Credit Insurance
International Insolvency Trade Credit Risk Insurance
Direct International Credit Risk Insurance

Policies can be underwritten to protect against nonpayment of both foreign and domestic accounts receivables, and can be customized for each insured’s specific trade credit insurance requirements.

What is the importance of Trade Credit Insurance?

.Trade Credit Insurance Can Protect your Balance Sheet
Global Trade Credit Insurance buffers the policyholder’s bad debt reserve, providing additional protection against large or unforeseen losses due to nonpayment of accounts receivables.

.Obtain more attractive financing
Companies that finance their foreign receivables with a bank may find that they are able to obtain more favorable financing agreement by leveraging their receivables as part of a receivables financing program.

.Allow You Business to Expand International Sales
Insureds can confidently expand sales—and perhaps offer more competitive terms of sale to credit worthy buyers—knowing that the possibility of unforeseen losses is insured.

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