Bad-debt can cripple even the best run, most solvent company. Taking out Trade Credit Insurance gives you swift access to replacement cash before permanent damage is done to your business.
It provides cover for goods sold and delivered or invoices raised for services rendered against the non payment of your debtors, mainly due to their own insolvency or because they just cannot pay or have ‘gone away’. Cover also extends to non payment in the event of political intervention that prevents payment being transferred to the UK from overseas.
Almost every time you apply for a loan or other form of credit, you are asked if you would like to purchase credit insurance. It my even be automatically added to your contract without you noticing. This is an insurance policy that guards you against the risk that you will not be able to meet your repayments.
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"MRB Insurance has saved me money on my company car, house and liability insurance."