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.
Tanti Insurance Services Pty Ltd ABN 95 636 797 174 trading as Tanti® Financial Services is an Authorised Representative of Resilium Insurance Broking Pty Ltd ABN 92 169 975 973 AFSL No 460382. This information does not take into account the objectives, financial situation or needs of any person. Resilium Insurance Broking Pty Ltd is only responsible for the provision of General Insurance Services. Before making a decision, you should consider whether it is appropriate in light of your particular objectives, financial situation or needs.
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