What is NOT covered under Insurance for Accounts Receivable?

Insurance for Accounts Receivable offers specific protections primarily for the risks associated with collecting outstanding debts. Coverage typically includes losses from theft of accounts, document damage, and certain types of fraudulent claims which affect the legitimacy of those accounts. However, financial losses, particularly those stemming from the inability to collect due to the market conditions or business downturns, are generally not covered under this type of insurance. This insurance focuses instead on direct risks to the accounts themselves rather than broader financial impacts that a business may face. Hence, financial losses do not fall within the scope of coverage provided for accounts receivable insurance.