You can get insurance from as little as £5.60 for a single invoice without any recurring charges. Otherwise, the cost will factor in the invoice amount, invoice credit risk, and the payment terms.
Nimbla allows you to insure a single invoice or multiple invoices.
You can claim if your buyer is declared insolvent (by way of receivership, administration, liquidation, winding up or a court approved compromise with all creditors) or is declared bankrupt.
Not everything as there’s a standard deductible charge of 10%. We aim to pay you within 30 days once your claim has been approved.