Credit Insurance is a policy that protects businesses against the risk of customers not paying their invoices. It covers losses that occur when buyers delay payment for a long time or become insolvent or bankrupt. This type of insurance is mainly used by businesses that sell goods or services on credit terms, helping them recover money they would otherwise lose due to unpaid debts.
When a customer fails to pay, it can seriously affect a business’s cash flow and operations—especially for small or medium-sized companies. Credit Insurance helps reduce this risk by ensuring that even if a buyer defaults, the business can still recover most of the money. It gives business owners confidence to offer credit to new customers and expand into new markets, knowing they’re financially protected.
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Dipen Sheth
My claim was delayed due to a change of address which needed to be updated in the insurance policy. I remember putting in a request but it was never granted.
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Hitesh Kakkad
I want to check if my insurance policy is correct or not. Is there a way to do it?
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Ankit Tiwari
I made a few changes to my car's engine and braking system. I do not know how to update it in my insurance policy.
FAQs
How does know your policy feature work ?
All you need to do is to fill in a few details and upload your policy. Our AI-enabled platform scans through your policy document, which will help you find missing information, errors, and inconsistencies in your policy.
What is the benefit of a quality check ?
Quality check will help you understand the problems associated with your insurance policy and give you a drafted email that you can send within seconds.
How do i get my records rectified after the quality check ?
We enable you to send pre-drafted email to your insurance company to get your details updated & rectify the mistakes