Every asset in your company is insured except the one that is 100% in the control of other people.

Your accounts receivable is one of your company's most valuable assets, and at the same time, the most vulnerable to unexpected loss. No matter how efficient your credit function is, uncontrollable events can impact your bottom line. When your customer can't pay, credit insurance will.

Credit Insurance protects your business from losses due to customer insolvency, protracted default (slow payment) and Political Risk events.

Credit Insurance Benefits:

• Avoid catastrophic bad debt losses
• Safely increase sales without increasing risk
• Premiums are Tax Deductible (unlike bad debt reserves)
• Increase borrowing power:
• Include export sales
• Eliminate concentration issues
• Allow for dating and extended terms
• Eliminate expenses and burdensome letters of credit
• Support your existing credit function with third party, non-biased risk evaluations
• Gain access to risk experts that monitor the specific countries and industries in which you trade

Types of Policies:

There are a variety of coverage types available, including:

• Domestic – Export – Multi Market – Political Risk
• Whole Turnover – Key Account – Single Customer

These policies have a variety of structures, payment options and custom endorsements. One Source will evaluate the individual needs of your company and recommend the best policy and structure to fit your particular situation.