Solicitors Professional Indemnity   CIMS   iCLAIMS
 
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1. Security for Finance
Your credit insurance policy can be assigned to a bank or financial institution providing an opportunity for additional secured finance.

2. Expansion
You can grow your business with confidence knowing that your debts are underwritten.

3. Peace of mind
Credit insurance provides a virtually unlimited cash reserve for a known cost.

4. Protecting Profits and Cash Flow
The extra sales which are required to offset a loss of €50,000 can be as much as €1,000,000 where pre-tax profit margins are 5%. Credit Insurance will inject liquid funds back into your business.

 

Loss
Pre-Tax Profit
5%
10%
20%
33.3%
5,000
100,000
50,000
25,000
15,000
10,000
200,000
100,000
50,000
30,000
25,000
500,000
250,000
125,000
75,000
50,000
1,000,000
500,000
250,000
150,000
100,000
2,000,000
1,000,000
500,000
300,000

 

5. Enhanced Credit Management
Even the most stringent and disciplined credit management cannot guarantee the prevention of bad debts. Credit Insurance will, however, enhance and strengthen credit management procedures.

 

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Dublin Tel: +353 1 202 6000
Cork Tel: +353 21 454 9500
 
 

JLT Insurance Brokers Ireland Limited trading as JLT Ireland, JLT Financial Services, GIS Ireland, Charity Insurance, Teacherwise, Childcare Insurance, JLT Online, JLT Trade Credit Insurance, JLT Sport is regulated by the Central Bank of Ireland

Directors: Eamonn Bergin, Paul Doherty, Adrian Girling (British), Aidan Gordon, Amanda Harton, Patrick Howett, Michael Lacey, Dan McCarthy, Raymond O'Higgins.. Registered Office: Cherrywood Business Park, Loughlinstown, Dublin 18. A member of Jardine Lloyd Thompson Group plc. Registered in Ireland No. 21622. A Private Company Limited by Shares. VAT No. 0042175W