Specialist trade credit insurance

Debtor Insurance, our specialist trade credit insurance can protect your business against bad debts arising from customer insolvency or protracted non payment of an invoice.

If one of your debtors became insolvent, the financial consequences to your business could be catastrophic.  Debtor Insurance protects your accounts receivable ledger and the cash flow implications from customer failure.

Key Features and Benefits:

  • Credit limit coverage – If within 30 days of sign up we cannot offer you cover on at least 55% of your ledger, by value you may cancel with a full refund of premiums paid.
  • Flexible – no long term lock in. You can give us one calendar months’ notice at any time to terminate your policy.
  • We want you to grow – achieve turnover growth of 20% (up to a maximum of £500k) without any additional charge.
  • Protection – we cover you for up to 90% of the value of a bad debt suffered.
  • Cash Flow – our policy allows bad debt provisions to be reduced and replaces cash flow that would have been lost due to bad debt.
  • Trade in confidence – protects both overseas and domestic debt and our credit monitoring service may help you identify a potential credit risk before it becomes a bad debt.
  • Hassle Free – simple claims process and on-line policy management system keeps you in control.

To discuss further call our specialist team on 0800 587 5180

This insurance is arranged by Lloyds TSB Commercial Finance Limited and underwritten by Chartis Insurance UK Limited.Lloyds TSB Commercial Finance Limited is an appointed representative of Chartis Insurance UK Limited, The Chartis Building, 58 Fenchurch Street, London, EC3M 4AB which is authorised and regulated by the Financial Services Authority. Chartis Insurance UK Limited FSA Register number is 202628.

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