What Names Does Credit Insurance Go By?
- ACCOUNTS RECEIVABLE INSURANCE
- CREDIT ENHANCEMENT
- CREDIT INSURANCE
Accounts Receivable Insurance
Accounts Receivable Insurance (credit insurance) is the promise of a credit insurance company to pay on an accounts receivable due to non-payment. Credit insurance also affords political risk protection on foreign receivables.
Credit Insurance can be Custom Tailored to Your Needs
In addition, credit insurance can also afford a company the opportunity to increase sales by simply expanding credit lines to existing clients and/or adding clients that they would not have normally added. It can also assist in accounts receivable financing and a lender can be named as beneficiary under the contract. As you would suspect, Credit Insurance has to be custom tailored to your wants and needs. This is where a broker can mitigate this process for you.
