Trade Credit Bond (TCB) is a surety bond issued by Dhivehi Insurance Company, which guarantees payments for goods or services acquired on credit. This policy is intended for suppliers to avoid the impact of bad debts, and also to enable individual buyers to attain favorable credit terms for their purchasing requirements.

Credit customer’s payment defaults

Major Exclusions

  • Previous defaults prior to policy placement
  • Conflicted Invoices

Documents Required

  • Company/SP Profile & Portfolio (including MOA & AOA & Registration)

  • Audited financials past 2 year / past 6 months bank statement

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