Credit and Deposit Insurance
You have fulfilled your part of the contract and are waiting to be paid according to the payment terms. But what do you do in the event of non-payment or bankruptcy of your principals?
You have made fairly large advance payments to acquire expensive equipment for your business. But if the supplier files for bankruptcy before delivering the equipment, what would be the financial impact on your business?
Enjoy peace of mind by working with our partner, Cautionnement Expert.
Credit insurance to protect your accounts receivables
Outstanding client bills can represent nearly 40% of your assets. What would you do if your clients do not pay their bills?
Credit insurance covers your accounts receivables in the event of slow payment or bankruptcy, whether voluntary or involuntary.
Talk it over with our partner, Cautionnement Expert.
Learn more about credit insurance
Learn more about credit insurance
Deposit insurance to protect your advance payments
When you pay your Canadian or foreign suppliers in advance for equipment, you run the risk that your supplier will not be able to meet its obligations and will no longer be able to return the advance payment to you before shipping the product.
Fortunately, deposit insurance covers up to 90% of eligible financial losses.
Our partner, Cautionnement Expert will be able to advise you.
Learn more about deposit insurancePRODUCTS
Other products that may be of interest to you
Please feel free to contact us with any questions you may have. Our business insurance brokers are here to answer and advise you.
Construction
Manufacturing and Industrial firms
Director and Officer liability
Cyber Risk Insurance
Business Interruption Insurance
Crime Insurance
Environmental Impairment Liability Insurance
Non-Standard Business Insurance
Social Benefits
For businesses
Ellipse Financial Services
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