A credit insurance policy can be help you grow your business with the peace of mind that the debts owed to your company will be paid. With a policy in place, you do not have to worry about suffering a bad debt. If company is unable to pay or becomes insolvent, the policy will pay out ensuring you do not lose out.
The availability and level of cover will always depend on the credit worthiness of your customers but many policies will allow a minimum ‘blanket’ cover level, even if your customer has a particularly poor rating.
Your insurance provider can also offer a valuable insight into the health of the companies you are currently trading with, or are hoping to trade with in the future, which means they can also help your business to manage its risk.
We can help you provide the most suitable credit insurance for your needs:
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