Credit Insurance in the USA
Trade Credit Insurance: Safeguards businesses against non-payment by customers. Price: Premiums based on turnover and risk level. Time: Coverage typically aligns with trade cycles. Pros: Enhances credit management, supports sales growth. Cons: May not cover all types of risks, such as disputed debts. Key Concepts Policyholder: The insured entity seeking protection. Insurer: The company providing … Read more