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The Independent Automotive Aftermarket Federation

Credit Insurance

What is credit insurance?

Credit insurance protects your company against your customer’s failure to pay its trade-related debts. This situation can arise because your customer becomes insolvent or because it simply fails to pay within the agreed time-frame.

Credit insurance isn’t just for when things go wrong, it also works as a risk management tool. Your credit insurer will proactively monitor your covered buyers throughout the duration of your policy to ensure their continued creditworthiness. They will also investigate the risk of new clients. 

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