Qian Insurance Broking LLP, one of India’s leading insurance brokers, launches trade credit insurance solutions
Every business tends to face risks and unfortunate situations at times. However, businesses need to mitigate the different risks they face through the different insurance solutions available to them.
Qian Insurance Broking LLP is a leading insurance brokerage firm specializing in insurance solutions for individuals and businesses. The company focused on providing comprehensive insurance solutions for small and medium-sized businesses, as they lacked access to quality insurance advice.
Qian’s team strives to provide effective and comprehensive insurance solutions to its clients using its expertise and experience. In a short time, Qian has become a leading insurance broker for various insurance solutions in India such as Individual group accident insuranceMedicclaim Group Policy, Trade Credit Insurance, Ocean freight insurance policycommercial general liability insurance policy, industrial all-risk insurance policy, contractor all-risk insurance policy, etc.
In response to a question about their services, the spokesperson for Qian Insurance Broking LLP said, “Our goal is to provide customers with quality insurance solutions so that they are protected against various risks. Our business was built on core values of integrity and fairness, and we always seek to put the best interests of the client first. This has prevented our company from wrongly selling various insurances that may not have been appropriate for the client. Clients have rewarded our firm enough by renewing their insurance policies with us year after year.
Today’s volatile economy has caused an increase in payment defaults from overseas customers. There have been several delays in settling outstanding dues. Some buyers in overseas jurisdictions have also defaulted through no fault of their own since those countries got involved in war or declared bankruptcy like Russia or Sri Lanka. These delays or defaults in payment lead to the blocking of the seller’s capital in India.
A typical business has about 30-40% of its capital tied up in receivables. Any delay/default in payment leads to huge losses for the seller in India. This, it was imperative that companies in India secure their risk of unpaid invoices with a Credit insurance policy bearing in mind the uncertain state of the global economy.
The spokesperson added: “By taking out a credit insurance policy, you save your business the risk of bad debts. A trade credit insurance policy protects the business against the risk of non-payment for sales made on credit. The Police reimburses up to 85% of the amount of the invoice in the event of late payment beyond a specified period or in the event of default in payment.
Another benefit of a credit insurance policy is that it helps the business grow by securing sales in new territories or to new customers. »
Qian Insurance Broking LLP is a insurance broker for credit insurance policy in india and can help customers obtain comprehensive credit insurance coverage. The cost of a credit insurance policy is also reasonable with credit insurance premiums ranging from 0.15% to 0.25% of credit turnover.
Companies interested in purchasing a credit insurance policy can contact us by emailing us at [email protected]
About Qian Insurance Broking LLP:
Qian Insurance Brokerage LLP is a trusted and customer oriented insurance brokerage company in India, providing various commercial insurance solutions to businesses in India such as group term life insurance, cyber liability insurance policy, l key person insurance, trade credit insurance, D&O liability insurance policy, CGL insurance policy, IAR insurance policy, contractors all-risk insurance policy, etc.
Qian Insurance Brokerage LLP
125 – C, Court Mittal,
Opposite Inox Cinema, Nariman Point,
Mumbai, Maharashtra 400021
Telephone: +91 22 22044989
E-mail: [email protected]
Company Name: Qian
E-mail: Send an email
Call: +91 22 22044989
Address:125-C, Mittai Court, opposite Inox Cinema, Nariman Point
State: Maharashtra 400021