Securities
The value of the Debtor’s ledger (money owed) is one of the largest assets of a business, yet one that a business doesn’t have full control of. The risk to a business of customer insolvency is one of the more volatile exposures. The impact of bad debt to on cash flow can also damage the bottom line to a company.
This insurance provides cover for such things as your customers failing to pay due to insolvency, cancellation of import &/or export licences and political risk cover.