Hit enter to search or ESC to close
Trade credit insurance covers you from debtor default and protects business liquidity. Companies once considered ‘blue chip’ have become high profile business failures. This has had a domino effect on their suppliers and a profound impact in the market place.
Trade Credit insurance covers your losses if a debtor doesn’t pay you. It gives you stability through assurance of payment.
Any company that sells goods or provides services on credit terms is at risk of non-payment. Even companies with the soundest credit control processes are vulnerable. Trade credit insurance is a practical solution for business owners, and will mitigate your credit risk exposure.
Trade credit insurance policies:
Trade credit insurance policies are generally flexible and allow a policyholder to cover all or part of their portfolio by choosing from:
Policies are usually written on a 12-month renewable basis but can be negotiated up to a 36-month tenure, covering goods and services delivered or dispatched to approved customers during the period. The policies cover you up to 90% of the amount owing, premiums are cost effective and a planned tax-deductible cost.
To learn more about credit insurance and protection for your business risks contact us today.