Monaco Credit Insurance Services is a Midlands based Broker working in partnership with Euler Hermes; the world’s leading provider of Trade related insurance solutions. We offer a range of Credit Insurance products that help you protect your business against bad debt, provide up to date information on your customers and enables you to grow your credit sales and business safely.
Trade Credit Insurance covers your receivables due within 12 months so that your cash flow is safeguarded.
Our information tracks the financial health of your customers and we update you so that you can trade with confidence.
If your customer becomes insolvent or falls into protracted default you will be indemnified for the cost of goods and services you have delivered.
Understanding the Credit Insurance ProcessWatch Our Video
We analyse the credit worthiness and financial stability of your customers.
Each customer has a limit which is the maximum amount we will indemnify if that customer fails to pay.
You trade with your existing customers as you wish, with the risk covered up to the limit.
We keep you informed of adjustments to limits as they may be raised or reduced when conditions change.
You check the credit worthiness of potential new customers. We confirm agreement or explain if your request is declined.
If a customer fails to pay, then you give us full information.We investigate and indemnify you for the insured amount if policy terms have been met.
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