Bad debts are a risk for every business. Customers could go out of business owing you money or be slow to pay their invoices creating cashflow issues. Whatever the circumstances, bad debts can be seriously debilitating for your business and may even lead to your company becoming insolvent.
Robison & Co. Insurance Brokers has recently partnered with CMR Insurance Services to offer credit insurance that will protect your business from bad debt. Our managed credit insurance policy can pay out up to 90% of commercial losses and 95% of political losses in the event of non-payment.
What are the benefits of credit insurance?
• Peace of mind – by having a credit insurance policy in place, businesses can mitigate the risk of being affected by bad debts, helping your business continue trading, even if the worst happens.
• Business growth – you can securely take on new customers and new markets, safe in the knowledge you have protection in place.
• Cashflow – credit insurance supports your company’s credit control procedures, bridging the gap if payments are late.
Why choose a managed credit insurance policy from CMR?
With over 25 years of experience, CMR Insurance Services are experts in their field. Their personal account team will assist you with every aspect of your credit insurance policy, including claims and debt recovery.
A credit insurance policy from CMR will enhance your company’s credit control by covering the risks of non-payment, without causing you any additional work, so you can focus on growing your business without the risk.
Robison & Co is an owner-managed insurance brokerage, offering advice on all areas of business and personal insurance, as well as independent financial advice on investments, mortgages and pensions.
For further information on our credit insurance policies, please click here or contact Robison on 01730 265500. We’d be happy to discuss your requirements.
If you’d like to read more about credit protection insurance, read our blog: Should your business have credit insurance?
