Do you have clients who make sales or provide services on credit terms?
Most businesses do!
Have any of your clients ever experienced a bad debt causing a strain on their cash flow or significantly impacting their profitability? A typical balance sheet shows approximately 40% uninsured debtors.
IBG Insurance Brokers can provide insurance cover specifically designed for businesses to insure against bad debts. Trade Credit Insurance protects your clients against their customers’ insolvency providing cover for up to 90% of the outstanding debts at the time of insolvency. We have policies designed for all sized businesses.
Trade Credit provides quick replacement of working capital and aids company directors in their obligation to protect the assets and liquidity of the business.
Get in touch with one of our experts today.