STEP 1>> COMPANY NAME CHECK
STEP 2>> CHOOSE A PACKAGE
EAC can arrange credit Insurance in a fast, flexible and affordable way for UK businesses to insure the credit they give their UK trade customers. Unlike traditional credit insurance, you only buy the cover you need, as and when you need it.
Credit insurance comes in several different forms:
credit life insurance - the outstanding balance is paid in the event of your death.
credit accident and health insurance - monthly credit payments are made for you during periods when you are unable to work due to accident or illness.
Credit unemployment insurance - monthly credit payments are made for you during periods when you are unemployed.
Your acceptance or rejection of credit insurance normally is not used as a factor by the creditor in deciding whether to extend credit to you. If credit insurance is required by the lender, the premium charged for the insurance must be included in the disclosure of the APR. Whether to purchase credit insurance is a personal decision - consider other available forms of insurance (such as term life insurance or disability insurance) and the cost of such insurance before buying credit insurance.