Qian Insurance Broking LLP launches Trade Credit Insurance Solutions in India

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Qian Insurance Broking LLP launches Trade Credit Insurance Solutions in India

August 05
07:33 2022
Qian Insurance Broking LLP, a leading insurance broker in India launches trade credit insurance solutions

Every business tends to be faced with risks and unfortunate situations at certain points. However, businesses need to mitigate the various risks faced by them by means of various insurance solutions available at their disposal.

Qian Insurance Broking LLP is a premier insurance broking firm specialising in insurance solutions for both individuals and businesses. The company’s focus has been on providing comprehensive insurance solutions for small and medium business as they lacked access to quality insurance advice.

The team at Qian endeavors to provide effective and comprehensive insurance solutions for their clients using their expertise and experience. In a short period of time, Qian has emerged a leading insurance broker for various insurance solutions in India  such as Group Personal Accident Insurance, Group Mediclaim Policy, Trade Credit Insurance, Marine Cargo Insurance Policy, Commercial General Liability Insurance Policy, Industrial All Risk Insurance Policy, Contractors All Risk Insurance Policy etc.

In response to a query about their services, the spokesperson of Qian Insurance Broking LLP commented, “Our goal is to offer clients quality insurance solutions so that they are protected from various risks. Our company has been built on core values of integrity and fairness, and we always seek to put customer’s interest first. This has prevented our company from mis-selling various insurances which may not have been appropriate for the client. The clients have adequately rewarded our firm by renewing their insurance policies with us year after year.”

Today’s volatile economy has caused an increase in payment defaults by overseas customers. There have been multiple delays in clearing unpaid dues. Some buyers in overseas jurisdictions have also defaulted on payments for no fault of their own since these countries have got involved in a war or have declared themselves bankrupt such as Russia or Sri Lanka. Such Payment delays or defaults have results in the Seller’s Capital in India being blocked.

A typical business has approximately 30% to 40% of its capital locked in receivables. Any payment delay/default results in huge losses for the seller in India. This, it was imperative that businesses in India secure their risk of unpaid Invoices with a Trade Credit Insurance Policy keeping the uncertain state of global economy in mind.

The spokesperson added, “By purchasing a Trade Credit Insurance Policy, you save your business from the risk of bad debts. A Trade Credit Insurance Policy protects the business against the risk of unpaid receivables for sales done on a credit basis. The Policy reimburses upto 85% reimbursement of the invoice amount in case of a payment delay beyond a specified period or in case of a payment default.

Another advantage of a Trade Credit Insurance Policy is that it assists in business growth by securing sales in newer territories or to newer customers.”

Qian Insurance Broking LLP is an experienced insurance broker for Trade Credit Insurance Policy in India and can assists clients with availing comprehensive Trade Credit Insurance Coverages. The cost of a Trade Credit Insurance Policy is also reasonable with Trade Credit Insurance Premiums ranging from 0.15%-0.25% of Credit Turnover.

Companies interested in purchasing a Trade Credit Insurance Policy can reach out to us by emailing us at [email protected]

About Qian Insurance Broking LLP:

Qian Insurance Broking LLP is a trusted and client-focused insurance broking firm in India, providing various commercial insurance solutions to companies in India such as Group Term Life Insurance, Cyber Liability Insurance Policy, Key Person Insurance, Trade Credit Insurance, D&O Liability Insurance Policy, CGL Insurance Policy, IAR Insurance Policy, Contractors All Risk Insurance Policy etc.

Contact Information:

Qian Insurance Broking LLP

125 – C, Mittal Court,

Opposite Inox Cinema, Nariman Point,

Mumbai, Maharashtra 400021

Phone: +91 22 22044989

Email: [email protected]

Website: https://www.qian.co.in/

Media Contact
Company Name: Qian
Email: Send Email
Phone: +91 22 22044989
Address:125-C, Mittai Court, Opposite Inox Cinema, Nariman Point
City: Mumbai
State: Maharashtra 400021
Country: India
Website: https://www.qian.co.in/