Q. How much does credit insurance cost?
The premium for credit insurance typically is calculated as a small percentage of your annual insurable sales, based on the risk of your specific portfolio, your loss history, the spread of risk, and the amount of self-insurance you are willing to absorb. Cost from carrier will vary depending upon whole turnover versus selective accounts.
Additional One Source FAQ:
How do I apply?
Why should we use One Source?
Why does my company need credit insurance?
What risks are covered?
How much does credit insurance cost?
Is there a deductible?
Is there an additional premium charge to use the services of One Source?
For which insurance carriers does One Source act as a broker?