Credit Insurance
This is the right solution for you:
- If your business trades with other companies on credit terms
- If you worry about non–payment of trade debt
- If you have recently suffered a bad debt
- If a bad debt could do serious harm to your company.
Trade Credit Insurance policies cover against the risk of non payment, due to your customers'
insolvency, and protracted default (i.e., non-payment six months after original payment due date).
For exporting companies, they can also extend over losses arising as a consequence of Political
(Country) risk.
Trade credit insurance is probably the most cost effective form of investment you can make in the
future of your business.