Qian is a leading trade credit insurance broker in India and has more than 7+ years of experience in handling credit risks for their clients. Today’s volatile economy has made the purchase of a Trade Credit Insurance Policy more necessary than ever.

A Trade Credit Insurance Policy in Indiaprovides reimbursement to the seller if the buyer defaults or delays payment owed. It is an excellent tool for businesses to manage their credit risks.

Commenting on the advantages of a Trade Credit Insurance Policy, the Qian spokesperson responded. "A Credit Insurance Policy in India offers protection against the risk of unpaid invoices. The risk of unpaid invoices is one of the biggest risk facing businesses today and it is imperative that businesses protect themselves against such risk. In such a scenario, purchasing a Trade Credit Insurance Policy is a very cost-effective solution which helps to manage credit risk.”

Receivables secured with a Trade Credit Insurance Policy also have other important benefits to businesses such as improved access to loans, and confidence to expand businesses to new territories. The Trade Credit Insurance Companies also provide access to risk management services such as credit checks on customers, ongoing monitoring of credit risk, and support in the event of a claim.

The spokesperson further said, “A Credit Insurance Policy will pay the seller 85% of the Invoice Value in case the buyer either delays the payment beyond a specified time period or files for bankruptcy. The Policy also covers situations where a buyer in another country is unable to make payment owed to the seller because of political issues.”

Thus, a Trade Credit Insurance Policy covers a wide range of risks faced by businesses. A Trade Credit Insurance Policy is also sometimes referred to as Accounts receivable Insurance.

Business should take the advice of an experienced trade credit insurance broker while purchasing a Trade Credit Insurance Policy. They should also make sure to read the Trade Credit Insurance Policy Wordings in detail and also be aware of the exclusions in a Trade Credit Insurance Policy.

To learn more on Trade Credit Insurance Policy Coverage or any other types of insurance policies, please visit Qian Insurance Broking’s website at www.qian.co.in

About Qian Insurance Broking LLP

Qian is a leading Trade Credit Insurance Broker in India with an experience of serving clients across diverse industries for their credit insurance requirements. Qian assures its clients of comprehensive Trade Credit Insurance Coverage at reasonable premiums. Our dedicated team also provides complete assistance for the claims process under a Trade Credit Insurance Policy.

Contact Info.

Qian Insurance Broking LLP

125 C, Mittal Court,

12th Floor, opposite Inox Cinema,

Nariman Point, Mumbai, Maharashtra 400021

Telephone- +91 22 22044989

Mail- insurance@qian.co.in

Website- https://www.qian.co.in/

Media Contact
Company Name: Qian
Email: Send Email
Phone: +91 22 22044989
Address:125-C, Mittai Court, Opposite Inox Cinema, Nariman Point
City: Mumbai
State: Maharashtra 400021
Country: India
Website: https://www.qian.co.in/