Being protected is essential in any business transactions as it minimizes risks and shields you from suffering major losses. Our Protection Plan is a value added service for members to fall back on in the event of insolvency and bankruptcy. This acts as a safety net for members. All members are automatically covered by this member benefit upon paying the membership fee for the relevant membership year. A member making a claim must be in good standing and must have held membership for at least 6 months before they are eligible to make a claim.
Informing InFinite Connection (IFC8) about the claim at the earliest time is essential to the process. The total claimable sum per debtor is USD30,000. The claims will be paid out on a first-come-first-served basis until the USD30,000 ceiling is reached.
With this safeguard feature, members can conduct businesses with each other in a safe and reliable environment.
To know more about Infinite Protection, Click here.