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Is there any Credit Insurance for Debtors which can we claim from Insurance Company??

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Question added by Akram Khan , General Accountant , VERSAILLES HOTEL
Date Posted: 2014/02/25
Mamoun elbaghir abdalla mhamad Eltayeb
by Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

Yes, credit insurance (trade, business and export credit insurance) is purchased by business entities to insure their accounts receviable from loss due to the insolvencey of the debitors,however cover not available to individuals.

  Thanking You.

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