Many businesses these days still trade and sell goods on a credit basis, but the danger of this is that you, as the business owner are at risk of bad debt or having customers simply not pay. The knock-on effect is obvious with non-payment leaving you out of pocket and disrupting your business’ cash flow.
All registered businesses, trading domestically and internationally, that sell goods and services on credit terms need to consider trade credit insurance.
A typical Trade Credit Insurance policy will provide cover:
For more information or to arrange cover for you or your business, please contact us and speak with one of our team members.
When we are advising and dealing in General Insurance Products we are acting as: Tanti Insurance Services Pty Ltd (CAR 1279059 | ABN 95 636 797 174) Corporate Authorised representative of Community Broker Network Pty Ltd | AFSL 233750 | ACN 096 916 184
We subscribe to and are bound by the Insurance Brokers Code of Practice, a full copy of which is available from the NIBA website www.niba.com.au
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