Credit insurance is a useful tool to protect a lender’s interests, but choosing whether to place a client under a master policy or take out an individual policy tailored to the client is a critical decision. Lauren Saglamer examines both choices to help lenders make the best choice to mitigate risk.
Credit insurance is a useful risk mitigation tool that lenders can use to protect their clients’ accounts receivable against potential losses. It can hedge risk for businesses of any size across a variety of industries and for those borrowing both domestically and internationally.
