Trade Credit Insurance
Many businesses these days still trade and sell goods on a credit basis, but the danger of this is that you, as the business owner are at risk of bad debt or having customers simply not pay. The knock-on effect is obvious with non-payment leaving you out of pocket and disrupting your business’ cash flow.
Who is it for?
All registered businesses, trading domestically and internationally and selling goods and services on credit terms need to consider trade credit insurance.
What does this insurance cover?
A typical Trade Credit Insurance policy will provide cover:
- Comprehensive cover: Protecting your entire credit portfolio, including domestic and export customers
- Excess of loss: Suitable for businesses with reliable internal credit management processes who want cover for exceptional loss across their entire portfolio.
For more information or to arrange cover for you or your business, please contact us and speak with one of our advisers.