Credit Insurance Agreement Form
Interior Building Products works closely with Euler Hermes (An Allianz Company) to insure all credit accounts.
Please be aware that all applications will be run through the Euler Hermes system prior to any terms being agreed and this will determine the level of credit that will be available
After this process we will then forward a response to your application. If successful, please note the following terms and criteria of Euler Hermes which must be adhered to:
· Credit limit will be decided by the level of insurance Interior Building Products can get from Euler Hermes
· All Accounts are strictly 30 days end of month
· Any account that passes 60 days over from the payment due date will be automatically suspended and will be passed to Euler Hermes for collection
· Interior Building Products has the right to change the terms of any account without notice should the information from the insurer decide the level over cover available to the customer be changed
Should any of the above terms not be met the credit account will be automatically suspended and the balance due will be forwarded to Euler Hermes for collection. This may impact future applications with different companies as the details is shared with the complete Euler Hermes company portfolio