SENSUAL VIDEO!!
What is Credit Insurance? Trade credit insurance, also called accounts receivable insurance, is a financial tool that protects your company against your customer’s failure to pays its trade related debts. This situation can arise because your customer becomes insolvent or because it simply fails to pay within the agreed upon timeframe. A credit insurance policy with Euler Hermes eliminates one major source business uncertainty: the impact of unpaid invoices. This assurance empowers you to sell more, with confidence. How credit insurance works? A trade credit insurance policy with Euler Hermes is a dynamic partnership that protects your company against unforeseen bad debt risks. At the onset of the policy Euler Hermes analyzes the creditworthiness of your insurable customers and assigns them a specific credit limit, which is the amount we will cover should that customer fail to pay. Euler Hermes then proactively monitors your buyers throughout the duration of your policy to ensure your covered buyers’ continued creditworthiness. Your business benefits from access to our global database with live information on millions of companies representing 92% of global GDP. Throughout the life of the policy, you can easily request new credit limits or additional coverage on existing buyers when those needs arise. Euler Hermes investigates the risk of the new coverage request and will either approve it, or maintain with a detailed explanation. By implementing credit insurance, your credit management team becomes enhanced by the thousands of Euler Hermes risk professionals across the globe; Euler Hermes essentially becomes an extension of your team. The ultimate goal of a trade credit insurance policy is not to simply pay claims as they arise, but to help policyholders avoid foreseeable losses. If an unforeseeable loss should occur, the indemnification aspect of the trade credit insurance policy comes into play.
