Quick facts
Overview
Coface provides trade credit insurance and business information. Importers can insure against supplier default or non-delivery, and access company risk ratings to screen Chinese trading partners before prepaying large orders.
Key features: Protects prepayment exposure; Company risk data included and Global insurer.
When to use Coface
Coface makes sense if you insuring prepayment risk on large supplier orders. It's a common pick in the Payment & Finance category for importers who need this kind of capability.
Pricing explained
Premium based on exposure. For most importers, total cost depends on volume, service level and how much you negotiate. If you're comparing Coface against alternatives, request quotes from all of them and compare on equivalent scope — not just list price.
Pros
- Protects prepayment exposure
- Company risk data included
- Global insurer
Cons
- Premium costs money
- Policies have exclusions
- Underwriting process
Frequently asked questions
How much does Coface cost?
Premium based on exposure
What is Coface best for?
Insuring prepayment risk on large supplier orders
Does Coface have an affiliate program?
As of our last check, Coface does not appear to offer a public affiliate or referral program. You can still link out to the tool from your site, but no commission is tracked.
What are the main advantages of Coface?
Protects prepayment exposure; Company risk data included; Global insurer.
How do I get started with Coface?
Visit www.coface.com and create an account. Most importers complete setup in under an hour. If the service requires a quote, expect a sales response within one business day.
Alternatives in Payment & Finance
If Coface isn't the right fit, these cover similar needs.