Why have Credit Insurance in 2022?

According to the expectations and forecasts of experts, 2022 should be the year of recovery for many sectors in the economy, but the risks of default, inflation, and high-interest rates are still a concern.

Therefore, investing in Credit score Insurance in 2022 is still considered the best strategy for those companies that seek to guarantee their sales at the beginning of the year and avoid possible headaches and losses due to lack of payments and delays from their customers.

Want to know more about why to hire Credit Insurance in 2022? So, continue until the end, as we have brought you useful tips and information on the topic today. 

Good reading!

 What are the trends and risks for the market in 2022?

Although the most critical phase of the pandemic, in theory, has already passed, there are many uncertainties and doubts that hang over the future of the disease in the world and, of course, about the possible impacts and actions that this may entail in the coming months.

However, even though news announces the emergence of new variants, the advancement of vaccination around the world and new studies indicate greater control and gradual normalization of the situation.

And this is already seen with good eyes by the financial market, in which several experts are betting that 2022 will be the beginning of a global economic recovery.

In addition, the expectation is that inflation, which currently reaches record levels, will also return to normal in the country over the months of this year and may reach a reasonable level of 5%.

On the other hand, it is still too early to rely on purchasing power and the guarantee of receipts from some investments.

According to the presidency of Banco Itaú, there is a forecast of a worsening in default in 2022, and you must be very careful when closing your business this year.

 Is investing in Credit Insurance in 2022 a solution?

Credit Insurance still represents a small portion of the Brazilian insurance market, but these last few years have undoubtedly reinforced the importance of this strategy and even proved to many companies that it was possible to grow in times of crisis.

And for 2022, taking out Credit Insurance continues to be seen as an intelligent and efficient alternative for business, especially in this recovery scenario, but still surrounded by uncertainties.

After all, we are talking about a promising forecast in relation to the economic recovery, in which new business opportunities should be taken advantage of at the beginning of the period, but with a backlash on payment guarantees.

Therefore, Credit Insurance is the only guaranteeing solution for these receipts since the policy provides for reimbursement of amounts in the event of default by its customers.

In summary, this is a small scenario of forecasts and expectations for the year that begins and why investing in Credit Insurance in 2022 has been reinforced as a fundamental strategy to be able to sell more and with total security and financial stability.

And if you liked the tips and want to know more about Credit Insurance and have good reasons to start 2022 on the right foot in the business, be sure to download our Complete Guide and check out all the advantages of CredRisk  insurance.