Bad Debt Protection

Bad Debt Protection provides peace of mind that you are covered in the event of non-payment of invoices or customer insolvency. Did you know? A business operating on a 5% net margin will need an additional £200,000 in new sales to recoup a £10,000 bad debt!

What does Bad Debt Protection cover?

  • Seleted customers so you can choose which ones you would like to protect 

  • 90% of the net invoice (excluding VAT)  

  • Protracted default - claim if your customer fails to pay within 150 days from due date

  • Insolvency - if your customer enters an insolvency process

  • We recover the debt from our insurers on your behalf 

  • Business to business invoices only 

 

What to do next