If you’re concerned about bad debts holding your business back, peace of mind is a step away. Simplicity is designed to cut the time you spend managing customer debts so that you can focus on what you do best: building the business.
1. Check out what’s covered: Simplicity is available in 26 countries; for debts of over £200 with payment terms of up to 90 days after invoice date
2. Select your annual turnover: Use our calculator to decide the maximum amount you could claim in the year and for each customer.
3. See your monthly premium: The amount covers 60% of any debt up to the maximum claim per customer. Remember there’s no excess on these policies.
4. Increase your cover: Use our online grading service to increase your cover up to 90% per customer. Access information about opportunities and manage risk with confidence.
5. Use the claim form: Claim within 30 days when your customer doesn’t pay or becomes insolvent. We pay in 120 days if we can’t recover your money.
Fixed fees make credit insurance easy to understand and manage. Use our predictive information to grow your business with confidence.
Our straightforward process makes it simple and easy to set up a policy. Then sell on open account terms to get ahead of the competition at home or in export markets.
Immediate cover will put your accounts receivable under control and protect your cash flow. Access more favourable terms from banks and other lenders.
As an entrepreneur you are constantly striving to build your business and you are always short of time. Every day you make decisions that combine chasing opportunities with managing risks. If a customer fails to pay the consequences can be serious – growth or even survival may be jeopardized. As a major player in trade credit insurance, bonding and fraud cover, we work closely with small and medium-sized companies that are investing for growth. We have listened to your needs and responded with insurance made the way you want it. Simplicity is trade credit insurance for entrepreneurs who want to manage risk professionally and grow their businesses with confidence.