| Whole Turnover Insurance |
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Whole Turnover Insurance is the most popular form of Trade Credit Insurance and protects the full debtor book, except the very small losses which usually fall under the excess of the policy, against default of payment and insolvency. Cover is usually for a 12 month period although insurers have been know to offer 24 month deals. The level of indemnity is usually 85 - 95% and smaller debtors can usually be covered by using previous trading history or a satisfactory company status report. Larger value debtors are vetted by the insurance company and credit limit application can usually be done on-line with decisions often made immediately.
Have a look at Trade Credit Insurance Frequently Asked Questions Want a Quote?If you are interested in obtaining a quote for Trade Credit Insurance, please contact us today and take the first step in protecting your company against unpaid invoices.
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