Credit insurance safeguards your business against the failure of your customer to pay their trade credit debts. Upon one of your buyers becoming insolvent an insurance policy can pay up to 90% of the debt due to you.
An insurance policy can also offer a useful credit information service due the data customers can access via a specialist insurer’s online information system.
Without credit insurance 76% of time once a debtor goes into liquidation you will unable to recover any amounts owed.
Please call Stuart or Lorna today to discuss on 01934 522252.