Business is business
However personal the contacts are, SCN members are here to do business, and that means being paid punctually and fairly. SCN is here to make sure that happens.
Central to doing secure business is creditworthiness. That is why SCN’s most effective action against bad debt is careful selection of members and continual monitoring of activity. As a final contingency plan we have SecurityPlus!
Our unique Securityplus! fund gives members initially US$20,000 coverage per claim when joining, increasing by US$10,000 each three years of membership to a maximum of US$50,000 coverage per claim
The SecurityPlus! fund is owned, administered and controlled by an SCN member-owned company, SecurityPlus Financial Corp. All SCN members are granted one share of stock in this corporation, which is overseen by a volunteer board of directors comprised of member-owners. This unique structure allows for any claims to be dealt with swiftly and thanks to our solid fund, we can give payments where necessary not excuses.
Payments are made in case of bankruptcy or default. As the fund is member owned and operated by senior members with extensive knowledge and experience, we can act quickly to ensure compensation is paid whenever necessary.
If you want further details on Securityplus! Please let us know. Or download the Members’ Handbook >