Yes, credit insurance can cover both domestic and international sales. In fact, one of the major benefits of trade credit insurance is its flexibility in covering businesses that trade across borders.

Here’s how it works:

Domestic Coverage: Credit insurance policies protect you against non-payment by customers within your own country. This includes risks like bankruptcy, insolvency, and protracted defaults.
International Coverage (Export Credit Insurance): This focuses specifically on the risks associated with selling to foreign buyers. It covers commercial risks (as in domestic coverage) and often includes additional protection against:
Political risks: War, civil unrest, government actions that hinder payment.
Currency Inconvertibility: Inability to convert local currency into your currency due to restrictions.
Coverage Considerations:

Policy Selection: You can choose policies that cover only domestic sales, only international sales, or a combination of both.
Geographic Scope: Some insurers specialize in specific regions or offer tailored coverage for different markets, allowing you to select the most suitable one.
Buyer Assessment: The insurer will carefully assess the creditworthiness of both domestic and international buyers.
The flexibility of covering domestic and international sales is a crucial advantage of credit insurance, particularly for businesses looking to expand their sales territories and explore new markets.