Credit insurance protects your business from non-payment of commercial debt. It makes sure that your invoices will be paid and allows you to reliably manage the commercial and political risks of trade.
Any company which is currently selling or has a potential to sell its products / services to other companies on Open Account / Credit Terms, or looking at expanding into new markets or seeking bank financing.
Credit Life Insurance
A life insurance policy designed to pay off a borrower’s debt if that borrower dies. The face value of a credit life insurance policy decreases proportionately with an outstanding loan amount as the loan is paid off over time until both reach zero value.