Monday
Jun082009
Credit insurance claim busters – the dreaded trade dispute is increasingly being used as an excuse not to pay
Monday, June 8, 2009 at 10:16AM by Mark Attley
In his recent blog post, my ICBA colleague, Rob Downey talks about the claims process in a credit insurance policy and cites his top ten reasons why claims are denied.
In today’s economic environment, my colleague Ron Doyle, another ICBA blogger, has pretty much taken up full time residence in our claims handling room at our head office in Ottawa, Ontario, Canada. Ron is a seasoned credit insurance vet with over 30 years experience in the credit insurance business. Having worked through at least five recessions and possibly four mini recessions, he has a myriad of unusual claims stories.