Do you need help with a trade credit insurance claim? Submitting a claim correctly can be an arduous and lengthy process and if done incorrectly could mean that you forfeit any monies that could rightfully have been yours.
At Niche Trade Credit we know the insurers and their requirements. We are experts at submitting complete and accurate claims for our valued clients; we can also liaise with insurers to keep you advised of the progress of your claim.
If there is a problem we can work through it with you and if necessary we will advocate on your behalf to assist the payment process.
We can help you with Trade Credit Insurance. Call us today!
As a business owner, it’s often hard to know where you stand and what your options are when it comes to insurance claims. Insurance policies often include difficult-to-understand jargon, and insurance firms are not always the easiest to deal with.
If you need to submit a claim, remove the stress and hassle by talking to our experienced team. We can provide you with the assistance you need, allowing you to spend more time on important matters – such as running your business!
Protect your business from bad debt
For most businesses the value of the debtor’s ledger (the money you are owed), is one of the largest assets and yet it is often uninsured. Other important business assets are insured usually without question, yet the risk to a business of customer insolvency is perhaps one of the most volatile exposures. Just think: how would your business cope if your largest customer was suddenly unable to pay their invoice?
To make credit recovery a hassle free process, it’s important to ensure that you have appropriate risk management measures in place. The best way to safeguard against bad debt is via trade credit insurance – it provides you with peace of mind and ensures your business is financially secure when it comes to debtors who cannot pay.
So what does this type of insurance actually cover? Well, simply put it covers the credit amount a business is owed when a debtor is unable to pay (i.e. bad debt). The debtor may be unable to pay for a number of reasons, including bankruptcy and insolvency.
Whether you choose insurance coverage that spans all of your clients – or opt to only insure your biggest debtors – you can rest assured that bad debt won’t ruin your business. Of course, it’s important to ensure you take out ample coverage early on – once it has become overwhelming it may be too late.
We deal with insurers so you don’t have to
Talk to the team here at Niche Trade Credit if you need to make a claim or would like more information about securing trade credit insurance for your business.
Niche Trade Credit has done the hard work for you; we can compare insurance firms on your behalf, finding the one that best suits your needs. Call for free advice on trade credit insurance claims. We strive to provide our clients with the best possible service, and as such have recently opened our over-the-phone Client Advice Centre. This service provides a timely, on-demand service that is free of charge for the first month. We’re there to offer advice when you need us most!
Niche Trade Credit Pty Ltd is a licensed Insurance Broker with ASIC AFSL No: 355296. Looking for information regarding political risk insurance or national credit code? Give us a call today – we’re always happy to help!
Call 02-9416 0670 for Free Advice on Trade Credit Insurance Claims
Niche Trade Credit Pty Ltd is a licensed Insurance Broker with ASIC AFSL No: 355296
Free Inquiry Form. Contact Us Now!
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