A footwear manufacturer supplier to traditional retailers. When online distribution started gaining popularity the existence of these retailers was threaten. The manufactuer found that these retailer were struggling financially and there was a high risk of failure.

The manufacturier business started declining as it was not able to give credit to the retailer due to the fear of default.

Details of prospective buyers were shared with the insurance company so that risk analysis of buyers can be done and credit can be extended to them according to their worth.

Credit Insurance Policy also evaluates the financial strength of the the customer thus enabling to decide whether the credit should be given or not.

A garment manufacturer was giving credit to a large number of client

The credit evaluation fo the customer of the garment manufacter was not done. Since the credit was given without evaluating the financial worth there was huge default in payment

Details of prospective buyers were shared with the insurance company so that risk analysis of buyers can be done and credit can be extended to them according to their worth.

Credit Insurance Policy not only covers the default in payment it also advices to which customer the credit should be given.