The specialists at Towergate can assist with many aspects of credit management and risk analysis.
Our credit insurance provides protection of debtor items, profit and cashflow
Credit insurance policies provides protection for shareholders against loss of profits
We can offer assistance with risk assessments on customers and markets
We appreciate that credit is vital to trade for small and medium sized businesses but increasingly difficult to secure in tough economic conditions. So, our approach is to give you access to a broad range of insurance products at a time when many of our competitors are withdrawing from supporting this aspect of the market.
Count on the expert team at Towergate to arrange Credit Insurance for your business with benefits that include:
Suffering a bad debt can cause a business to fail, so credit insurance is well worth considering if you sell a product or service to businesses on credit terms. For instance, if your profit margin is 5% and you suffer a £25,000 bad debt, you will need to increase sales by £500,000 just to recoup the lost profit from that bad debt.
When you need to make a claim, we’ll guide you through the process and get your claim settled as quickly as possible.
and make sure you have all your information at hand, including your policy number
on the number in your policy document and explain exactly what happened
to help us understand what happened as quickly as we can
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