Insurance covering non-payment of accounts.
Safe trading in uncertain times? Not a problem if you have Bill Protect. Offer to make your business clients feel safe with insurance covering non-payment of accounts. Should their customers become unemployed through no fault of their own or unfit for work, we pay the invoice amount.
Who might be interested in the insurance
- Utilities
- Telecommunications providers
- Publishing houses
- Sports clubs, clubs/associations
- etc.
Insured Risks
- Unemployment through no fault of one's own
- Unfitness for work
- The person covered under the insurance is the person by whom the invoice is payable (customer, member)
- Example for telecommunications providers:
XY Telephone Co. purchases Bill Protect - Cost of the DSL & Landline Package from XY Telephone Co.: € 50 per month Insurance premium for Bill Protect: approx. € 0.50 per month (no obligation example of premium)
- A) Free of charge for customers
"Basic DSL & Landline Package for € 50 per month- XY Telephone Co. assumes the cost of the insurance premium
- B) Chargeable to customers
"Neutral DSL & Landline Package" for € 50.50 per month- XY Telephone Co. passes on the cost of the insurance premium to the end customer
- C) Incl. of advertising allowance
"Cash DSL & Landline Package" for € 52 per month- XY Telephone Co. passes on the cost of the premium to the end customer and prices in its own advertising allowance
The Advantages for Your Customers
- Guaranteed income
- Significant reduction in number of cases of non-payment of accounts
- Competitive advantage through differentiation from competitors
- Point in favour of procuring new customers
- Strengthening customer loyalty
- Simple integration into the existing process
And That’s Not All
Highly flexible product design – Chubb is governed by your customers!
The sum insured, waiting period, qualifying period, period of insurance and any alternative covers can be individually tailored.
Contact Information
A&H Affinity
Phone +49 69 75613-6546
Fax +49 69 75613-4546
E-Mail de.affinity@chubb.com
Information
The purpose of this information is to provide a first overview of the possible insurance cover included in the Bill Protect policy. For the full and legally binding terms and conditions, please refer to your policy documentation.