With concern growing about a potential economic downturn, the online insurance provider coverclick.com has launched an extension of its protection for SMEs worried about bad debts.
Backed by Royal & Sun Alliance, coverclick.com is offering Single Buyer Insurance cover which can be obtained over the Internet. It offers protection, normally for a year, against a named customer going bust or failing to pay any invoice in a reasonable time.
Coverclick’s chief executive David Neckar said the new policy had been developed following feedback from users.
