FAQs

As you can see from the content of our website, credit insurance provides numerous benefits when properly applied to a clearly defined scenario. It is critical to the success of any credit risk management program to have a clear understanding of the strategic and operational implications credit insurance has on the company. Expert advice on how to best structure a program, based on the desired outcomes, is important. Assistance preparing for a quote, and evaluating credit insurance policies and carriers is advisable.

Following are some commonly asked questions and their respective answers:

Business credit insurance is a financial tool that reduces the risk of an unexpected credit loss. It is an insurance policy custom tailored by a financial professional to meet individual client situations. The policy typically runs for 12 months, and covers losses on goods and services shipped during the policy period.

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