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Accounts receivable insurance

Some payments are late and sometimes they're just non-existent… We'll cover you for this

In a nutshell

King Price covers your business against any losses caused by the inability to collect payment from a customer for a variety of reasons.

  • Loss of, or damage to, your accounting books, or other business books or records which result in you being unable to trace or determine your outstanding debt balances.
  • Reasonable increased collection costs and expenses which you incur as a result of the loss of, or damage to, your books.

Loss or damage to property due to or caused by

  • Wear and tear or gradual deterioration.
  • Moths or vermin.
  • Detention or confiscation by any lawfully constituted authority.
  • Electrical, electronic or magnetic damage (unless you have duplicates stored at a different premises).
  • Fraud or dishonesty by your principal, director, member, partner or employee.