A Trade Credit Insurance Policy is an important tool which protects your business from unpaid invoices by insuring the accounts receivable. The Trade Credit Insurance Policy pays out a percentage of invoice value owed to the seller in case the buyer delays the payment, declares insolvency or is unable to make payment due to the seller because of political issues in the buyer’s country.
- Trade Credit Insurance Policy – Coverage, Benefits and Exclusions
- Forget all your worries about Bad Debts
- Solution
- You can protect yourself from Risk of Bad Debts by purchasing a Trade Credit Insurance Policy
- What is a Trade Credit Insurance Policy?
- What does a Trade Credit Insurance Policy Cover?
- Protracted Default/Delayed Payment
- Insolvency
- Political Risks
- What are the Benefits of a Trade Credit Insurance Policy?
- Protection against Bad Debts:
- Potential for Increased Sales:
- Better Cash Flow:
- How does a Trade Credit Insurance Policy work?
- What is the Premium for a Trade Credit Insurance Policy?
- What is the Sum Insured for a Trade Credit Insurance Policy?
- What are the Exclusions under a Trade Credit Insurance Policy?
- What is the Claims Process under a Trade Credit Insurance Policy?
- Will my Premium be higher if I purchase a Trade Credit Insurance Policy through an Insurance Broker?
- Interested in purchasing a Trade Credit Insurance Policy and securing the risk of Bad Debts?