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Accounts receivable insurance is a type of insurance coverage
that provides protection against non-payment of accounts receivables.
Many businesses have a large number of accounts receivables, and if
these debts are not collected in a timely manner, it can be disastrous
for the company. Accounts receivable insurance can be used to protect
the company against this risk. If a company does not pay its debts, the
creditor can file a claim with the insurance company and get reimbursed
for the loss. This is very handy for companies that do not have the
resources to perform credit checks on their clients.
For more information visit: When Is Accounts Receivable Financing a Good Idea?
