BIBA makes credit insurance simple for members
BIBA has put together a credit insurance scheme for its members, designed to help non-specialists pla...
BIBA has put together a credit insurance scheme for its members, designed to help non-specialists place more business in this market.Underwritten by NCM Credit Insurance and administered by broker PG Finch, Bad Debt Protection is aimed at small and medium-sized enterprises and is written on a whole-turnover basis.
Minimum premium is set at £2500 and the contract is non-declarable. This means that if the insured's turnover is more than predicted at the proposal stage, they will not incur
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