Financial risks insured

As an entrepreneur, you want to do business and grow safely. That includes a good accounts receivable and accounts payable policy. What if you pay your invoices neatly, but your customers don't pay yours? Or if a customer goes bankrupt? And what about guarantees?

It is important to answer these questions and identify your risks so that you can respond to them in time.

Before doing business with a customer, apply for a credit limit from the insurer. Does the credit insurer find the organization liquid and stable enough? Then you can do protected business up to the established credit limit.

Do you provide a product or service? Then you send an invoice. Is it not paid on time? Then you transfer the invoice to the credit insurer. After the waiting period has expired, the insurer - after deducting the deductible - pays you the claim amount.