How Much Does Trade Credit Insurance Cost?

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To take control of your cash flow, consider the benefits of trade credit insurance. It’s an important business tool that helps you lower the risk for bad debts or unpaid accounts receivable. If you are curious about how much trade credit insurance costs, remember this: there are ways you can help control those costs and make a good trade credit insurance investment that helps you grow your business.
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Remember, your trade insurance premium can change depending on multiple variables, including but not limited to:

  • The type of policy you choose.
  • The percentage of risk being covered for each transaction.
  • Losses your business has experienced in the past.
  • Your business’ full financial history.
  • Your industry.
  • Your customers’ financial standing.
  • The country in which you are doing business.
  • Political risk.

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