Credit Insurance
Pii Brokers arrange credit insurance for a wide variety of organisations.
Credit insurance provides cover to businesses against non-payment of debts owed to them by business customers for goods or services provided on credit terms.
Credit insurance premiums usually cost between 0.1% & 0.75% of your annual sales depending on the market sector you trade in, your bad debt experience and the amount of your sales. Flexibility in premium costs can be tailored to your requirements by use of excesses and by the type of cover.
Whole turnover cover is suitable for most businesses wanting comprehensive cover and credit management support. This means all your debts from buyers are covered unless a buyer is not creditworthy.
Protracted default cover provides cover for delayed payment (Protracted Default) ensuring your cash flow disturbance is kept to a minimum.
Please call is to discuss your credit insurance requirements.
We look forward to hearing from you.