Telephone 01253 594211
Credit insurance provides protection should a customer fail to pay trade credit debts – whether this arises out of the customer becoming insolvent or being unsuccessful in paying within the agreed credit period.
As well as cover for standard goods sold and delivered, importantly this can be further tailored to cover pre-despatch work-in-progress and binding contracts that will feature heavily within the construction industry.
Though various reasons could have resulted in non-payment, such issues can lead to negative effects; for example if this results in concerns over cash flow and purchase of essential materials, it could delay a construction project.
There are several types of credit insurance available, including the option to choose Specific Risk Cover that will allows businesses to have insurance against single customers or large contracts.
In addition to case studies and quotation forms, further information relating to those who should consider trade credit insurance and its potential benefits, is contained on our dedicated page for Trade Credit, or alternatively please contact us to discuss your requirements.
John A Isles
Telephone: 01253 598953
or email email@example.com
Gary Baxter Dip CII
Telephone: 01253 598957
or email firstname.lastname@example.org