Policies typically cover a high percentage of each insured invoice, commonly in the low-to-mid nineties of a percent, above your deductible or retention. The exact figure depends on the policy.
Related FAQs
Coverage generally responds to a customer’s inability or failure to pay, not to disputes over whether you delivered as promised. Amounts in genuine dispute, and invoices outside the policy’s ...
Not necessarily. Coverage can be structured across your whole portfolio, on named key accounts, or on a single large customer, depending on your risk.
It can respond to protracted default, subject to policy terms, not only outright bankruptcy.
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