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| Frequently Asked Questions
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| What are the benefits that you can derive from the BPI/MS Trade Credit Insurance?
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| Gives you more time to focus on the other significant aspects of your business
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| Allows you to safely develop new markets
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| Puts a ceiling on exposure to loose
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| Complements credit management
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| Collects debt more efficiently, consequently reducing provision for bad debts.
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| Enhances financing
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| Gives expert advice and third party opinions on granting additional credit to existing and potential clients.
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| 2.
| What will BPI/MS do for your company?
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| We analyze and monitor the creditworthiness of your clients
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| For smaller amounts, you can use agreed credit management rules to decide on the risk for yourself
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| We set a credit limit for each client i.e. the maximum amount outstanding that we insure
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| You report to us all debts that are seriously overdue and we organize the debt collection together\
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| If we don’t succeed to collect 100% of the debt, you file a claim.
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| We will pay up to 90% of the insured debt & collection expenses.
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| Details
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| Back to Trade Credit Insurance Main
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Financial Products of BPI/MS and Ayala Life are not insured by the Philippine Deposit Insurance Corporation
and are not guaranteed by the Bank of the Philippine Islands.
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