How Are the Claim Limits in Trades Insurance Determined?

Trades insurance is a way to protect your company from the problems that can come along with extending credit. It’s only natural that you want to offer your customers some type of credit, and it’s quite common for businesses of all sizes to allow their customers as much as a year to pay their invoices. However, if you have a client that doesn’t pay their invoice and the amount owed is quite large, it could be enough to seriously impact or even destroy your business.