ARMI
1609 West Magnolia Blvd
Burbank CA 91506
Phone: 818-846-9772
Fax: 818-845-0697
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CREDIT INSURANCE
If your largest customer fails, will you survive the loss?
Like health insurance, it's not a question of if you
will need it, but when.
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We Buy A/R Insurance at a Discount
We buy very large Credit Insurance policies from
major international credit insurance providers.
Our policy size reduces the premium. Because of
our credit expertise and relationship to you, we
have been given a large discretionary limit by
our insurers. This enables us to provide even
faster responses to your coverage requests. Our
low claims record over the past 12 years gives
our insurers the confidence to give our
submissions the highest credit limits and
approval percentages.
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We Do the Compliance Work
We are responsible for maintaining your coverage in
compliance with the insurer's
collection procedures and reporting requirements.
So we are sure that the protection you bought will be
there when you need it.
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How to Submit a Customer for Coverage?
You provide us with the customer's name, address, terms,
and the amount of the impending sale. We will notify you of
the coverage available for that customer, usually within
an hour.
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What is a Loss and When Does It Occur?
A loss is considered to have occurred when a customer
does not pay a covered invoice, within 90 days of
the due date, including any extension given. The
reason for non-payment must be a financial one, whether a
formal bankruptcy has been declared, or they simply fail
to pay.
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What Does It Cost?
Premiums start at 1.25% of the invoice
value for a single customer. There are significant
saving when more accounts are enrolled.
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Complete Set of Services
Please read about our related
Accounts Receivable Management Program, and our
Credit Management.
(more)
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Copyright ©2007
ARMI (Accounts Receivable Managers International)
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We collect international transactions.
We provide worldwide credit insurance on
your A/R.
We can resolve disputes with your customers.
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