Specialized insurance coverage that safeguards your accounts receivable from unpaid invoices and customer defaults.
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Customer bankruptcies leaving invoices unpaid
Extended payment terms increasing default risk
Concentration risk with large customers
Economic downturns increasing bad debt
Coverage for commercial credit risks
Protection against customer insolvency
Customized coverage limits per customer
Fast claims processing and payment
Tailored insurance solutions designed for businesses that extend credit to customers
Manufacturing CFO
"When our largest customer filed bankruptcy, account receivables insurance saved us from a $250,000 loss. The claims process was smooth and we received payment within 30 days."
Wholesale Distributor
"This coverage gave us the confidence to extend better terms to our customers. When we had our first claim, the support team guided us through every step."
Account receivables insurance protects businesses against losses when customers fail to pay their outstanding invoices. It covers:- Commercial credit risks- Customer insolvency- Protracted default (late payments)- Political risks for international trade- Pre-delivery risks
Key benefits include:- Protecting cash flow and working capital- Enabling business growth with credit sales- Reducing bad debt reserves- Improving borrowing capacity- Gaining credit management expertise
Businesses that benefit most include:- Manufacturers and wholesalers- Business-to-business service providers- Companies with concentrated customer bases- Businesses expanding into new markets- Companies with thin profit margins
The claims process typically involves:1. Notification within specified timeframe (usually 30-90 days)2. Submission of proof of debt and collection efforts3. Insurer verification and assessment4. Payment of claim (typically 70-90% of invoice value)5. Possible subrogation efforts by insurer
Premium considerations include:- Industry risk profile- Customer credit quality- Policy deductible/retention- Coverage limits- Claims history- Geographic exposure
Implementation timeline:- Application: 1-2 weeks- Underwriting: 2-4 weeks- Policy issuance: 1 week- Coverage effective immediately after issuance- First claims eligible after waiting period (typically 30-90 days)
Complete this form and our specialists will create a tailored receivables protection plan for your business.
No-obligation assessment
Industry-specific solutions
Competitive premium options