Outstanding is a word we all covet, except when it relates to bills. Are your outstanding payments insured- Do you have credit insurance? It is necessary for both product and services companies to obtain credit insurance. https://tech.economictimes.indiatimes.com/news/corporate/cognizant-hcl-tech-may-feel-the-pain-of-us-opioid-lawsuits/70900085.
As regards credit insurance, while the article ( link given below) may be dated, it does provide primary information on credit insurance https://www.liabilityinsurancepractice.com/2008/11/10/the-financial-express-bad-credit-is-the-most-serious-and-immediate-risk/