When Should You Take Credit Insurance?
If you are running an enterprise, then it is time you get credit insurance. Your establishment requires protection from risks that your clients pose. The changing times call for prudence in managing your assets.
You may be close to your clients, but your enterprise comes first. There are telltale signs that will jolt you to reality. Consider these 6 signals;  
Big Change in Clients’ Debt Remittance
Get credit insurance when you notice a big shift in your clients’ debt response. Such changes are an indication the clients are facing financial challenges. The insurance company will secure the losses.
When Suppliers Delays their Payments
In the event, your suppliers start to delay remitting cash from sales. Taking credit insurance is necessary to shield your enterprise from losses. It will also take care of your supply chain.
When Your Supply Chain is Large
Trusting your clients with large credit supplies is risky. Credit insurance guarantees you access to valuable information on your clients.
Liquid Assets Challenges
The lifeline of your enterprise is the liquid cash. When your clients fail to clear their debts, they affect the amount of cash flowing in. Securing credit insurance will cushion your enterprise from such losses.
Venturing into Foreign Markets
Do you have the desire to extend your trade into foreign markets? Credit insurance will cover your merchandise. It will also avail to you helpful insformation about the markets.
The Bankruptcy of Your Clients
Some of your most trustworthy clients may run bankrupt. Bankruptcy on some will affect your enterprise performance. In this case, you will need to get credit insurance to protect your enterprise from huge losses.

Credit insurance may not be the answer to all your challenges. It is yet prudent to consider taking the right cover for your enterprise.