Colorado Accounts Receivable Insurance

Accounts Receivable Insurance, also known as Trade Credit Insurance, is a type of insurance policy that protects companies from financial losses due to unpaid invoices or other bad debt. This type of insurance can help businesses manage their risk by ensuring that they get paid for the goods or services they provide, even if their customers fail to pay. The policy covers losses that result from insolvency, bankruptcy, or other financial difficulties of buyers. It provides reassurance and support to businesses that extend credit terms to their customers. The coverage often includes credit monitoring services and collections assistance to help reduce the risk of nonpayment.