Products
Liability Insurance Products

Whole Turnover Policy

Historically, this remains the most popular type of cover allowing, as it does, both the policyholder and the insurer relative flexibility. Cover is usually for insolvency of a customer but can also include cover against extremely slow payers.

Whole Turnover is a generic term and there can be various exclusions such as intercompany sales, cash sales, sales to local / government authorities, VAT etc.

The Whole Turnover policy can include either domestic sales and / or export sales and usually provides upto 90 - 95% indemnity. Please click here to download a questionnaire.

Specific Account

If your company has one or more key customers or a contract(s) which may represent a disproportionate percentage of your total sales then maybe this option is for you. Cover can be for upto 100% indemnity. Please click here to download a questionnaire

Principal Customer Cover

This is a variation on the cover provided by Specific Account and Whole Turnover - it provides cover on a much largerspecific section of your customers without the need for insuring the Whole Turnover. You set the line above which you want the cover to start. Please click here to download a questionnaire.

Catastrophe Cover

It basically does what it says and provides cover against what otherwise may be significant bad debts capable of bringing down your business. Because of the high excess which usually accompanies this type of cover it is generally more suited to larger companies. Please click here to download a questionnaire.

Bonds

There are a variety of Bonds available which can assist in many industries.
These include the following:

• Contract / Performance Bonds which are used predominantly in the Construction industry.

• Advance and Stage Payment Bonds which are utilised mainly by the Engineering sector.

• Travel Bonds, which cover losses arising from the financial failure of a tour operator or travel agent. These are primarily issued in favour of the Association of British Travel Agents or the Civil Aviation Authority.

Supplier Credit

There maybe occasions when you are obliged to pay a supplier upfront before delivery and you wish to protect your company against the suppliers inability to fulfil the contract due to their insolvency.

Factoring & Invoice Discounting

Many expanding small and new businesses struggle to meet the demands of their cash flow and, therefore, factoring their debts can be a way to overcome this by providing cash quickly.

Invoice Discounting is in a similar vein to factoring but more selective and usually of more interest to larger companies.

Either can be supported by your own credit insurance policy.

Debt Collection

Third party support for your credit control team can come as part of your own credit insurance arrangements or as a separate service.