Reducing the Risk of ID Theft
The number of identity theft cases continues to increase, and the cost of grappling with the losses goes beyond the charges the thieves rack up. There is the lost time at work while you contact your creditors and all regulatory agencies involved—think DMV times 10. There are also the copying costs and records fees at many government and other institutions—your medical records are just one concern.
Credit insurance ensures that your company will be paid for merchandise or services delivered to your customer. This coverage, which can protect both export and domestic sales, includes loss from the insolvency of the debtor and usually includes past due items that cannot be collected.
Credit insurance helps in every phase of the credit process -- from analyzing credit risk of customers, to collection of debt, to reimbursement for losses due to insolvency of one or more of your customers. It is a comprehensive way for companies to protect their most valuable liquid asset and their cash flow.
A credit insurance policy allows you to improve your bottom line by:
The Allan M. Block Agency can offer you this important coverage in the ever evolving global economy by a leading credit insurance carrier serving 85,000 clients in over 90 countries.