The usefulness of debt collection insurance.
A client who doesn't pay his invoice: many self-employed people lie awake at night because of it. Why doesn't he pay? And how do you solve this neatly? After all, you desperately need the money yourself to pay your bills! Fortunately, legal expenses insurance also has collection coverage. That gives a lot of peace of mind. In this article you can read about the advantages of this insurance in the ZZP or SME package.
If you take out legal expenses insurance with Alpina, you can include collection coverage. With this collection coverage, you outsource the collection of your outstanding invoices to your insurer. You can only do this when you are unable to do it yourself. The insurance company tries to get the bill paid, but also provides legal assistance when necessary. At Alpina, you can choose either Business Legal Assistance Insurance or Personal Legal Assistance Insurance.
"When I called in the debt collection agency, the invoice was paid immediately", we often hear our customers sigh. That is because this third independent party increases the pressure on the customer. They take over the whole process of reminders and payment arrangements from you. Often that is already sufficient to get the bill paid.
A late payment can ruin your relationship with your customer. Nobody benefits from this. You also want to continue doing business with this customer in the future. You also want the client to recommend your company to his network. This will only happen if the atmosphere remains good. The insurance takes over the collections from you so that you can continue to do your work.
Fortunately, late payments rarely lead to a lawsuit. If it does, the costs add up quickly. Does it turn into a settlement? Even then you could use some advice, and that's not free either. For all these costs, you can call on your legal expenses insurance. This insurance is not mandatory, but for ZZP'ers and MKB'ers it is a very good choice. Calculate it yourself with Alpina's insurance check.
Please feel free to contact us if you would like to know more.
We are here Monday to Friday from 08:00 to 18:00.
