Underwritten by Quick Sigorta 
Every business that sells on credit carries the risk that the buyer will not pay, because goods are delivered first and paid for later. State-Supported Trade Credit Insurance protects receivables with terms of up to 120, 180, 240 or 360 days against this risk and ensures that uncollected receivables are compensated within the policy terms.
The product is designed for businesses with annual turnover of up to TRY 1 billion, and applications are made through the Insurance Information and Monitoring Center (SBM) infrastructure. The premium is based on your credit-sales turnover. We prepare your application details and stay with you throughout the assessment and policy process.
What is covered?
- Trade receivables arising from credit sales
- Payment terms of up to 120, 180, 240 or 360 days
- Compensation if the buyer does not pay (subject to policy terms)
- Maximum indemnity of up to 30 times the net premium
- Premium based on credit-sales turnover
- Upfront or instalment payment options
- Application through the SBM infrastructure
Cover table
| Item | Detail |
|---|---|
| Payment term | Up to 120, 180, 240 or 360 days |
| Eligible businesses | Annual turnover of up to TRY 1 billion |
| Premium basis | Credit-sales turnover |
| Maximum indemnity | 30 times the net premium |
| Application | Through the SBM infrastructure |
What you should know
State-Supported Trade Credit Insurance is a Quick Sigorta product and is provided through our agency. The term, turnover and indemnity limits in the table are based on information published by the insurer and may change; ask us for the current figures.
Issuing the policy and setting cover limits depend on the insurer's financial assessment of your business and your buyers; cover for every application or every buyer is not guaranteed.
Upfront and instalment payment options are available, and periodic discounts may apply. We share the current payment terms and premium with you at the quotation stage.
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Frequently asked questions
Trade receivables from credit sales with payment terms not exceeding 120, 180, 240 or 360 days. We work out together which term option suits your sales conditions.
The maximum indemnity is limited to 30 times the net premium you pay, so we assess the balance between premium and expected protection with you before you apply.
The premium depends on your credit-sales turnover and the payment term you choose. We share current rates at the quotation stage.
Applications are made through the SBM infrastructure. We prepare the required information with you and follow the process.
The information on this page is for general guidance and does not replace policy wording. Scope of cover, limits, deductibles and exclusions are determined by the general and special conditions of the insurer you choose.