There is no such thing as credit insurance, however there is credit monitoring services. These services require you to pay a monthly fee and in return, a company will monitor your credit for fraudulent activity.
If the insurance company runs a credit report, this will put a mark on your insurance showing that it was viewed. Receiving too many quotes or having too many inquiries on your credit can be a bad thing.
Arthur Levi has written: 'Credit insurance' -- subject(s): Credit Insurance, Insurance, Credit
Business credit insurance is a type of insurance that is purchased by businesses selling to other businesses of open credit terms. Business credit insurance guarantees against their business having excessive losses due to their customers inability to pay for goods or services purchased on credit. It is sometimes calledaccounts receivable insurance or trade credit insurance. This should not be confused with consumer credit insurance (e.g. credit life) which is purchased by consumers.
Commercial credit insurance is often purchased by companies to ensure payment of credit which a company has credit with. There are many insurance companies who specialize in credit insurance. Some include Allianz and Atradius. The best way to obtain and use trade credit insurance is through a specialized broker.
credit life insurance
Not that I know of.. What does one thing have to do with the other?
There sure are Irrevocable Letters of Credit. Those are used by Insurance companies, Importers, Exporters and others as paying methods. Maybe that is what you mean. Please check the web links for Letters of Credit. Hope this helps!
Not if you are smart about it. You do not have to pay his debts through his insurance policy. Inheritance may be another thing. The credit company could put a lien on the estate. The insurance policy is NOT the estate. Y-THINK-Y
Trade Credit Insurance is a type of insurance which is offered to businesses. The insurance policy covers accounts receivable, guards against bankruptcy, and protects the business against credit risks.
One can buy business credit insurance from a number of companies. TD Insurance, Coface UK, and Hiscox all offer business credit insurance where one can apply online.
You will need a property and casualty license. Now, after saying that ... you should check with the Georgia Insurance Commissioner. I nave been licensed to sell business credit insurance in 5 different states - they all required property and casualty licenses. In most cases very few people knew what business credit insurance is. Be very careful to specify that you are wanting a license to sell Business credit insurance (as apposed to consumer credit insurance e.i credit life insurance).
Someone with bad credit can obtain auto insurances at various places. Bad credit shouldn't stop someone from wanting to obtain auto insurance. Direct Insurance is a company that will provide auto insurance to people with bad credit.