Modula First: Credit Insurance Policy

Bad Debt Protection for Small Businesses

 

Atradius Modula First is designed to provide effective credit insurance cover for small businesses, protecting against financial loss in the event of a customer being made insolvent.

It is important that any credit management solution is designed to provide a real advantage to your business. Atradius Modula First has been specifically designed for the micro to small business market. The policy offers the benefits of credit insurance from Atradius in a clear, uncomplicated fixed low price offering.

 

WHY credit insure with Atradius

With Modula First, we cater for companies with turnover between $1,000,000 and $5,000,000. As a small business if one or two customers fail to pay you; the impact can be disproportionately high as your cash flow is severely reduced. This risk is reduced as potential losses are covered for up to 90% (minus a small excess) of the value owed by your insolvent customer.

 

Modula First - Bad Debt Protection for SMEs

What‘s in it for you?

If you’ve suffered a financial loss through no fault of your own then our simple credit insurance can help. Modula First offers cover with low administration and easy to understand cover with the following key benefits:

• Specifically designed to reduce costs for SME businesses
• 90% indemnity and reduced policy excess for losses due to insolvency
• Upfront fixed premium and administration fee to assist budgeting
• Streamlined new business and renewal process
• Annual turnover declaration only
• Online policy management reduces administration time and costs

 

What do you do now?

The answer to this is simple too.

To apply for a Modula First Policy simply complete the proposal form or contact your broker.

For more information on Atradius Modula First, read our product brochure.

 

We look forward to supporting your business.