Bear the risk of loss due to non-receipt of payment
This type of insurance provides compensation to the insured (seller) against the risk of loss due to non-receipt of part or all of payment from domestic buyers caused by commercial risk.
The benefits obtained are as follows:
Increasing Sales, increasing the competitiveness of sellers/sellers because they can provide more attractive offers to buyers/buyers because of the seller’s sense of security in the transactions made.
Provide protection against the possibility of default (Stabilization of the seller’s/seller’s financial condition) Failure to pay (partially or completely) from the buyer/buyer is a risk that the seller/seller cannot avoid. With insurance, the risk will be transferred to Asuransi Asei so that the insured/seller avoids financial loss/disruption.
Improve Credit Management, keep the credit manager alert. They know if they don’t follow the procedure properly, then their receivables will be in jeopardy.