The difference between credit insurance and bad debt insurance.
Credit insurance offers a more comprehensive solution than bad debt coverage. Understand the added benefits that help your business grow safely.
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Bad debt insurance is a narrow solution that offers protection only in the case of customer insolvency and the resulting loss of income from non-payment. For most businesses, the broader benefits from trade credit insurance provide greater value and stronger risk mitigation while also unlocking new advantages like improved financing terms.
Trade Credit Insurance: Risk policies with so much more
Coface trade credit insurance policies are tailor-made to meet your unique business needs. This may include additional guarantees or adjustments made to meet industry or country-specific challenges.