
Credit Insurance provides coverage for the unpaid credit balance from sales made to your customer (i.e. "accounts receivable insurance").
Benefits of a Credit Insurance Policy MAY include:
- Helps insure your company profit margin by paying your accounts receivable that you can't collect
- Helps increase sales by allowing you to extend longer lines of credit to some of your customers.
- Providing credit information on new potential clients.
- Enhancing borrowing power with security of insured receivables.
- Provides professional collection services worldwide.
Hickok & Boardman has access to a carrier that will provide credit insurance for receivables located in the U.S. as well as Europe, The Pacific Rim, Mexico, parts of South America and Latin America, and certain other countries on a case-by-case basis.