Trade Credit Insurance for Businesses: Definition, Benefits & How It Works
TreviPay
SEPTEMBER 18, 2024
Indemnity Percentage: The indemnity percentage refers to the portion of the debt covered by the insurer. Exclusions: Common exclusions include pre-existing bad debts, disputes between buyer and seller and non-payment arising from unresolved contractual disagreements. Customer service is another critical factor to consider.
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