Trade Credit Insurance is designed to protect you against bad debts or insolvency of your major work suppliers.
The money owed by debtors is one of the largest assets for most businesses and yet it is often uninsured. Whilst this cover is of most use for the construction, mining, transport and civil industries, exposure is certainly applicable for any business, particularly those who rely on one or two main entities for the majority of their work. Could your business recover if your main supplier went insolvent overnight?
To get a quote or to find out more information on how a Trade Credit Insurance can benefit you and your business, call us on (08) 9349 7900 or visit our contact page.