Demystifying Trade Credit Insurance – A Guide to Understanding and Negotiating Your Credit Insurance Policy
- Tue, August 22, 2017, 10:00 - 11:00
Cost: Members: $95
Registration Includes: One telephone and web connection at one physical location
US: 10:00am ET
Bruce S. Nathan and Jay Stewart, Partners, Lowenstein Sandler LLP
About the Webinar
A company’s largest asset is often its accounts receivable. Credit insurance is a tool that protects the collectability of a company’s accounts receivable and is similar to insuring that company’s inventory, equipment and real estate. A company uses credit insurance to protect against the risk of customer default, improve its existing credit management practices, and increase the likelihood of obtaining favorable financing terms. However, achieving those benefits requires a company to be a proactive policyholder by understanding its credit policy’s terms and negotiating with the insurer to obtain the best and broadest coverage. This program is an overview of credit insurance; the risks it is intended to cover; its benefits, uses and costs; and the strategy for obtaining a policy best suited to a company’s needs. The speakers will explain the mechanics of credit insurance and the key issues policyholders need to be aware of when purchasing or renewing their policies as well as their ability to negotiate terms that will protect against risks unique to them and enhance the scope of their coverage and recovery.
Instructions to join the Webinar will be sent to the main registrant's email address the day before. Remember! please log-in at least 15 minutes prior to the webinar commencing to ensure ample time for technical assistance if needed.