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<p>Government monitors the credit insurance landscape and credit insurers’ pricing
practices, through liaison with providers, businesses, and industry bodies. We will
continue to study the market and closely monitor trends.</p><p> </p><p>Government
has been made aware of restrictions in credit insurance cover some small and medium-sized
product-based businesses are facing in the current trading climate. Difficult trading
conditions, market trends, and uncertainty have led some credit insurance providers
to reassess the level of cover they are willing to offer in certain sectors. This
varies by industry and firm, and is a commercial decision for insurers.</p><p> </p><p>Other
financial services products are also available to support businesses in lieu of credit
insurance, for example from banks.</p>
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