Little things mean a lot – due diligence on credit insurance policies allows for effective claims

By Ron Doyle

When everything is going well small Credit Insurance Policy violations are either identified in time to be rectified, or when a claim is filed, violations are waived by the insurer. No problem. However, when the economy goes into the tank and the underwriters are inundated with claims that will push their loss ratios out of sight…Houston, we do indeed have a problem.

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