Credit insurance: A necessity or a luxury - Part 2

Not only is there a range of credit insurance policy options available today, but there is also a real choice of underwriter. The Whole Turnover Policy can be the right option for a small business without a sophisticated Credit Management procedure. It is possible to include in the cost the pre-lega...

Full description

Saved in:
Bibliographic Details
Published in:Credit control 1996-02, Vol.17 (2), p.13
Main Author: Freeman, Jill
Format: Article
Language:English
Subjects:
Breach of contract
Credit insurance
Credit policy
Customers
Insurance premiums
Political risk
Selection
Turnover
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Not only is there a range of credit insurance policy options available today, but there is also a real choice of underwriter. The Whole Turnover Policy can be the right option for a small business without a sophisticated Credit Management procedure. It is possible to include in the cost the pre-legal and legal collection of seriously overdue debts. For those businesses with the skill and expertise available in-house to take a measure of risk for themselves, there are various possibilities. For cover in politically sensitive markets, there is a far wider choice than was previously the case, and a fresh look at the options is advisable. For anyone considering credit insurance, perhaps the most important factor is an underwriter who will pay a claim quickly.
ISSN:0143-5329
2054-9210