ACE Bill Protect
Insurance covering non-payment of accounts.
Safe trading in uncertain times? Not a problem if you have ACE Bill Protect. Offer to make your business clients feel safe with insurance covering non-payment of accounts. Should their customers become unemployed through no fault of their own or unfit for work, ACE pays the invoice amount.
Who might be interested in the insurance
- Utilities
- Telecommunications providers
- Publishing houses
- Sports clubs, clubs/associations
- etc.
Insured Risks
- Unemployment through no fault of one's own
- Unfitness for work
- The person covered under the insurance is the person by whom the invoice is payable (customer, member)
Product Options
Example for telecommunications providers:
XY Telephone Co. purchases ACE Bill Protect
Cost of the DSL & Landline Package from XY Telephone Co.: € 50 per month
Insurance premium for ACE Bill Protect: approx. € 0.50 per month
(no obligation example of premium)
- A) Free of charge for customers
"Basic DSL & Landline Package for € 50 per month
- XY Telephone Co. assumes the cost of the insurance premium - B) Chargeable to customers
"Neutral DSL & Landline Package" for € 50.50 per month
- XY Telephone Co. passes on the cost of the insurance premium to the end customer - C) Incl. of advertising allowance
"Cash DSL & Landline Package" for € 52 per month
- XY Telephone Co. passes on the cost of the premium to the end customer and prices in its own advertising allowance