Managing general agent launches whole-turnover credit insurance policy

Managing general agent, Equinox Global Ltd. said Monday that it has launched Equinox Complete, a whole-turnover credit insurance policy.

Equinox Complete provides the traditional services of a whole-turnover credit insurance policy with the addition of non-cancellable limits for up to 12 months. Some features of the policy include coverage of insolvency and protracted default, up to 90% indemnity, and an up to 24 months policy period, London-based Equinox Global said in a statement.

According to Equinox Global the policy was created as a response “to customer demand for increased certainty, transparency and a policy structure with no deductible.”

“Equinox has developed this new product to meet the needs of our clients as they face an uncertain economic environment. The Equinox Complete product, with its non-cancellable limits, delivers improved certainty of cover, allowing clients to take up the best business opportunities available with the certainty that should the worst happen they have effective cover in place,” Mike Holley, CEO of Equinox Global said in the statement.