How Trade Credit Insurance Policy Works? | A Quick Guide
September 20, 2024 ⚊ 1 Min read ⚊ Views 9 ⚊ BLOGUnderstand how trade credit insurance policy works to protect your business from customer non-payment risks. Benefits and coverage options. A trade credit insurance policy is a robust insurance policy that has been specifically designed to secure the lifeblood of many companies— the sales ledger. Nothing is sold until the payment is received by the seller. In a situation, where credit has been extended, however, customers are unable to pay within the agreed terms and conditions.
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