What is Trade Credit Insurance?

pic12By providing a Trade Credit policy you can protect invoices that a customer fails to pay. After a claim is processed and paid the Insurance Company will take care of the debt collection. Premiums are affordable and underwriting is based on your history of operations, your industry and customer base.

Ironwood Brokers and Insurance Marketing offers a complete and competitive Trade Credit product through an A.M. Best A XV rated insurance company. Credit Insurance compensates you in the event of non-payment or insolvency from your customer.

In addition, few companies can effectively compete without extending credit to their buyers and by buying a trade credit policy you can protect losses arising from insolvencies or failure to pay. Credit Insurance protects cash flows and help to avoid catastrophic bad debt losses.