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A Brief Guide on Trade Credit Insurance

What if one of your customers fails to repay your dues? Irrespective of the size of your business, a default payment can affect your business financially. To get protection from non-payment of debts, it is essential to buy trade credit insurance. The insurance policy becomes active if your client doesn’t pay on time or delay […]

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How Does Trade Credit Insurance Work?

A trade credit insurance is a robust insurance policy which has been specifically designed to secure the lifeblood of many companies— the sales ledger. Nothing is sold until the payment is received by the seller. In a situation, where credit has been extended, however, customers are unable to pay within the agreed terms and conditions. […]

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What is Trade Credit Insurance?

Trade credit insurance protects the policyholder’s business against risks which are beyond his control. It insures the manufacturers, traders and other businesses against the risk when their buyer does not pay them or pays very late. Thus, it protects the accounts receivable from loss due to credit risks such as: Insolvency: When the buyer becomes […]

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