How to choose an optimal scheme of insurance of accounts receivable

Quite often when discussing quotes from receivables insurers, we come across this question from the client: “Which option is cheaper and what is the effective rate in each option?” The term “effective rate” is mostly used in the banking industry and is probably not really applicable to insurance rates. However, such a question is quite fair and the answer is really important for the final decision. Let’s try to figure out together how receivables insurers can calculate the premium, in which cases it makes more sense to apply this or that method and what is important to consider. After all, despite the fact that in theory different methods should lead to the same result, in practice this is not always the case.