There can be several reasons why a customer does not pay. A Receivables Insurance policy insures against the fact that your buyer is declared bankrupt or has agreed to a bankruptcy protection arrangement. Your customer can just be slow in paying. Efficient collection can help out in this case. In some cases your customer has paid, but it is not possible for the money to reach your bank. Or your customer has never received the goods you have sent, and does not pay for that reason. You can insure yourself against these risks by including so-called political risk cover.