What Is Credit Insurance

Credit Insurance is the protection against non-payment of your debtors where you have provided credit terms for goods delivered and services rendered.

WHY YOUR COMPANY NEEDS CREDIT INSURANCE

• Not many companies can function without extending credit.
• Bad debt can severely damage your cash flow/profitability.
• By selling goods/providing a service on credit, you are effectively entrusting part of your wealth to a third party. How sure is your company you will see it again?

BENEFITS OF CREDIT INSURANCE

• Allows you to concentrate on growing your business confidently.
• Protects your business against bad debt.
• Monitors your debtors on an ongoing basis.
• Manages your debtors more effectively.
• Protects your working capital and cash flow.