Trade Credit Insurance – Bad debt claims at a 10-year high

The ABI have recently reported that over 50 companies with a trade credit insurance policy are being helped by their insurer everyday to cope with bad debts.

Trade Credit Insurance = Bad Debt Protection

Trade Credit Insurance covers a business’ debtor book, which is quite often a business’ largest asset. Yet, many businesses do not protect this asset either due to a lack of knowledge regarding credit insurance or because they feel no need to safeguard one of the most liquid assets behind only cash.