Manage the risks associated with offering trade credit and credit accounts to other businesses with trade credit insurance.
Who Buys Credit Insurance?
Trade credit insurance tends to be bought by businesses that are looking to protect themselves from non-payment of invoices that could arise due to bankruptcy or insolvency.
What Is Credit Insurance?
Trade credit insurance cover is available for goods that have already been delivered or services have been provided from one business to another on credit terms.
The Advantages of Credit Insurance
The most cost effective credit insurance policies are “whole turnover”, ie. they cover every qualifying job. And, because the insurance companies monitor companies in detail, they may decline specific companies on future orders on the grounds of associated risk.
But, by utilising their in-depth knowledge, your credit management could be significantly improved, leading to fewer bad debts in the future.
Get In Touch
If you would like to discuss trade credit insurance, please contact our team using the details below, or simply fill in the form and we will get back to you as soon as possible.