What is Book Debts Insurance
Book Debts Insurance covers the cost of reproducing records and chasing debtors following the destruction of accounting records following an event such as a fire. This type of insurance is closely linked to other types of business interruption insurance and can often be added to a commercial combined or commercial package policy.
Imagine a serious flood or fire devastating your business - initially you may just be concerned with replacing your damaged property and resuming business as quickly as possible - soon you will also appreciate the importance of restoring your lost records and chasing outstanding invoices.
If you want to insure your debts against a customer or contractor defaulting on a payment or going bankrupt or want to insure against a tenant failing to pay their rent then you should speak to us about Credit Insurance, Bonds or Rent Guarantee.
For advice or quotes on book debts insurance contact us by email or call 01905 21681.
Act now! Call us on 01905 21681 to get your insurance needs met