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Is software licensing now causing problems?

Is Hardware not being paid for in full?

Are clients defaulting on monthly payments?

Minimize your losses, Maximize your returns!

TechRISKS.com Seller Protection* helps you protect your software sales from losses & admin issues due to client non-payment, chargebacks, auto-recurring payment, and managed service issues. It covers the cost of all eligible  software license transactions and exclusively comes with e with your account at deeply discounted rates.

 

 

Get More Details

TechRISKS client PROTECT

7 LICENSING KEYS to Client Non-Payment Protection  

  •    Are the Big Tech Companies now demanding up-front annual fees?

               Does this change your monthly, managed service fee business model?

  •    Is accounting, reconciliation & accounts receivables a problem during

               these challenging times?

  •    Do your clients have the ability to now pay up to 20% or more in

               additional monthly licensing fees?

  •    Earn more income. Manage your services more efficiently. Focus on your

           and your staff’s core competencies.

  •    Save your client’s money. Save you, your staff and your client’s time….

  •    Add an additional revenue stream, increase your margins, volumes

           & Sell more tech products and services!

  •    Ease your administrative workload. There is no need for financing at 6%,   

           completing traditional credit applications for approval. No hassles.

 

Obtain instantaneous approval via our online portal.

Track, report & easily manage your value-added licensing services more efficiently.

 

  1. Common Questions

 

  • What is the TechRISKS Seller Protection Policy and Program?

TechRISKS client PROTECT covers you in the event of client non-payment, default of contractual payment terms, chargebacks, or reversals that are a result of unauthorized use of software and software licensing the buyer, your end user client did not pay or failed to pay for (on a monthly recurring basis)

With OUR Seller Protection Program, you will be covered for the full amount of all scheduled eligible transactions.

 

  • Below are some of the main requirements you need to meet to Benefit from TechRISKS Seller Protection:

 

Your managed client, who pays you on a monthly basis, must be tracked and reported in TechRISKS License PROTECT ON-LINE PORTAL. The transaction must be marked as eligible for Seller Protection on your Account Transaction page.

  • Your account must be in good standing.

  • Your payments must be current and fully paid.

  • You must respond to our requests for basic documentation and other information within the required timeframe if a claim is to be made.

  • You agree to follow the clear terms and conditions of our program, provided in our user agreement and package that will be provided to you & your company.

  • Larger Tech - MSP Providers, Select Partners and others who have a large number of clients, high monthly volumes may be eligible for data support, dumps / uploads, additional functionalities, and administrative support. This will be provided in your final user agreement and package offering.

For software licenses which are intangible or digital goods:

  • You must provide basic evidence that the intangible item or digital good was delivered or provided as described on managed monthly basis, or that the licensed software service was completed as described. Basic evidence can include any evidence available to prove that your buyer received the goods or services and benefited from the transaction including a copy of the managed services agreement (MSA ) for client who has committed a non-payment event or has defaulted payment conditions outlined in the MSA.

  • You must comply with any terms and conditions that apply to the software purchase made by your client

  • You must have paid standard transaction fees on the transaction to TechRISKS

 

For Hardware & physical goods: 

 

Hardware Sales Protection if your client pays you on a monthly basis for hardware, routers, and other tangible network technology devices.

 

     For such physical goods:

 

  • You must ship the item to the address on your MSA Agreement and confirmed on a Sales Transaction page, work order or Invoice.

  • You must provide proof of shipment, proof of delivery, or signed delivery confirmation where applicable.

 

What items are not covered?

 

Seller Protection will not apply to:

  • Items that are unreported, not tracked person, in our systems, your MSA, invoices, work orders, including at a retail point of sale.

  • Items equivalent to cash, including, but not limited to gift cards and Donations

  • Theft, Fraud as defined by our policy and the program agreement, obviously fraudulent claims which are not covered and will not be covered.

  • Claims or Chargebacks for reason of ‘Significantly Not as Described a covered timely eligible scheduled event’

  • Financial products or investments of any kind

  • For non-licensed software or any software licenses that are not tracked, reported, and agreed to.

 

You and your fellow company users if needed for our Program Management and On-line Portal will receive confirmation of scheduled eligible transaction and protected end user clients.

 

You and your company will be covered for the full amount of all scheduled eligible transactions.

 

There are no additional limits or caps associated with Seller Protection. However, TechRISKS.COM reserves the right to withdraw or to suspend your eligibility for Seller Protection when abusing the privileges offered.

In addition, one non-payment event which is a scheduled & confirmed eligible transaction will be protected. We are initially starting with one non-payment event in Phase 1 (one) of our Agreement and Program here.

 

For full eligibility requirements, see the full Seller Protection Policy terms in the TechRISKS.COM Program User Agreement

Depending on program performance, if an end user client of yours defaults or fails to make payment as outlined in their MSA with your firm,  that end user client will only be eligible one time “event.”  WE are considering optional 2-3 months of protection for additional fees and charges in Phase 2 (two). I

 

f an end user client, become habitual or defaults multiple times on monthly charges your company receives per your MSA Agreement, they will no longer be an eligible transaction or protected client. Once again, Phase 1 (one) is limited to one event. Phase 2(two) may have more.

 

Did this help?

Related topics

 

TechRISKS client PROTECT On-line Portal

  • Manage Your Clients  (including Basic reporting & scheduling of eligible transactions and end user clients).

  • Manage  Your Account (including performance data, reports, and user admin).

  • Data Dump / Uploading functionalities for select larger partners and providers.

  • Managing your and your staff’s profile (or access);  

  • Add or update your payment methods:

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  1. Help Guides

 

Welcome to TechRISKS client PROTECT Help Guides! Our guides are a one-stop shop for common topics like protecting your company for client non-payment and contract default issues.. We will quickly take you through everything you need to know so you do not have to search for answers.

 

  • Getting started with TechRISKS client PROTECT

    • Register your company on our online portal. Manage Your Account user account information, include user admin privileges and the basic terms and conditions of our program agreement here (thereto with your company).

  • Claims Processing:  Via Manage Your Account Page here:

    • Easily receive reimbursement payment income via this page.

    • You must provide basic evidence that software as described on managed monthly basis, that the licensed software service was completed as described.

    • You will be asked to upload or provide basic evidence which can include any evidence available to prove that your buyer received the software and benefited from the transaction including a copy of the managed services agreement (MSA ) for client who has committed a non-payment event or has defaulted payment conditions outlined in the MSA.

  • Payment Processing:   Via Manage Your Clients here

    • Your account must be in good standing. Your payments must be current and fully paid.

    • Due to the nature of non-payment protection, what we offer your firm, how it is processed and how you conduct your monthly service business, our protection service fees and charges are fully earned.

    • If a claim is to be made you must provide basic evidence that software as described on managed monthly basis, that the licensed software service was completed as described and scheduled into our client page here.

    • Disputes, end user holds, your company holds, transfers contact issues, rare limitations contact e-contact@techrisks.com and outline your exact issue or problem

 

Why should you sign up and obtain protection from us today?

  • Are the software & big hardware Companies now demanding up-front annual fees?

  • Does this change your monthly, managed service fee business model?

  • Is a problem during these challenging times?

  • Do your clients have the ability to now pay up to 20% or more in additional monthly licensing fees?

  • Earn more income.

  • Manage your services more efficiently.

  • Focus on your and your staff’s core competencies.

  • Save your client’s money.

  • Save you, your staff and your client’s time….

  • Add an additional revenue stream

  • Increase your margins

  • Increase your volumes

  • Sell more tech products and services!

  • Ease your administrative workload.

  • There is no need for financing at 6%

  • Avoid completing traditional credit applications for approval.

  • Avoid credit reporting problems for you and your clients

  • Avoid licensing and Key Management disputes, payment or otherwise with the “big tech software companies” who want to now be paid upfront for software licenses on an annual basis.

  • No hassles.

  • Obtain instantaneous approval via our online portal.

  • Track, report & easily manage your keys, licenses, and payments more efficiently.

 

Why Choose TechRISKS client PROTECT

  • TO PROTECT YOUR REVENUES AND ASSETS!

  • Do you have funds set aside for such contingencies or catastrophic losses?

  • Our programs help provide long-term viability for competitive industries and complicated risks

  • Our program is the first of its kind, we are unaware of any company offering such competitive and comprehensive key, licensing, non- payment, monthly default services & protections.

  • Our can save you and your clients money.

  • Many clients have saved upwards of $5,000 or more per annum especially those participating in our partner programs.

  • We are expecting our TechRISKS Client PROTECT  to save and  earn income far more than this in many cases, especially those with high volumes and end user client protection values and needs.

  • Provide you and your clients peace of mind

  • Use our protection programs as a marketing tool and revenue generator. 

  • Policies for credit protection will fully indemnify you for scheduled amounts & losses.

  • We work with several leading associations and large corporations

  • Our program has numerous benefits and exclusivity.

  • Other financing, credit protection type programs are not able to provide such leading detailed protections and services period.

  • Our competitors and hopefully your competitors do not understand, underwrite, or provide such protections and services.

  • Custom Trade Credit / Client Payment Protection Plans upon request for your entire company and operations.

  • Our program partners and TechRisks.com  exclusive "smart underwriting methodologies'  which include AI and blockchain technology.

  • We offer critical & complimentary risk management services including Tech MSP & Client Standardization, Best Practices, Contracting Analysis, Cyber Incident Prevention, Detection & Response Solutions & Services.

Why you  & your company should become a partner of TechRISKS.com?

  • TO reiterate, we are here TO PROTECT YOUR REVENUES AND ASSETS!

  • We operate & manage market leading insurance, risk management and protection programs

  • Do you have funds set aside for such contingencies or catastrophic losses?

  • Our programs help provide long-term viability for competitive industries and complicated risks

  • Our can save you and your clients money.

  • Many clients have saved upwards of $5,000 or more per annum especially those participating in our partner programs.

  • We are expecting our TechRISKS client PROTECT to save and  earn income far more than this in many cases, especially those with high volumes and end user client protection values and needs.

  • Use our insurance and protection programs as a marketing tool and revenue source

  • Policies for credit protection will fully indemnify you for scheduled amounts & losses.

  • Other financing, credit protection type programs are not able to provide such leading detailed protections and services period.

  • Our competitors and hopefully your competitors do not understand, underwrite, or provide such protections and services.

  • Custom Trade Credit / Client Payment Protection Plans upon request for your entire company and operations.

  • Clients are increasingly requiring certificates of insurance and higher limits to ensure that your firm has basic insurance to provide them protection.

  • We exclusively partner with leading insurance companies (A+ Rated), tech firms and associations.

  • Our partners and TechRisks.com deploy leading underwriting, “smart claim” and program managements systems which include AI and blockchain technology.

  • We offer critical & complimentary risk management services including Tech MSP & Client Standardization, Best Practices, Contracting Analysis, Cyber Incident Prevention, Detection & Response Solutions & Services.

 

To clarify, we are offering your firm protection for the non-payment of software licenses that your monthly subscribed end user clients obtain from you.

  • Payment Processing:   Via Manage Your Clients here

    • Your account must be in good standing. Your payments must be current and fully paid.

    • Due to the nature of non-payment protection, what we offer your firm, how it is processed and how you conduct your monthly service business, our protection service fees and charges are fully earned.

    • If a claim is to be made you must provide basic evidence that software as described on managed monthly basis, that the licensed software service was completed as described and scheduled into our client page here.

 

  • Add or update your payment methods:  Via Manage Your Client or Manage Your Account Page here:

 

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Upon successful subscription, you will receive a formal certificate and evidence of protection.

 

Sample:                                                                                                                                                           

                                                                                                                                         

If the following client fails or defaults for monthly software serve fees and charges-

                        name =            ABC Company                                     

                        client id=          msa contract 123abc                                       

                                                                                                                                                           

The maximum protected non-payment or default value WE will protect and reimburse your firm for is:                                         

                        monthly revenue=        $1,000.00        up to $10,000 online and more upon request                                                                                                                                                                                                   Discounts                                            

                                                                                               

                        √          ASCII    Yes                  

                        √          Microsoft Vendor          Yes                  

                                                                                                                                                           

                        Amount Due / Charged to your Credit Card on file or provided at point of sale:                                  

                                    $16.70 per month       

                                                                                                                                                                                                EFFECTIVE:      (today's calendar date provided)         

                                                                                                                                                           

Your scheduled eligible transaction number  for claims & program management purposes is:       XYZ123ABC456                       

                                                                                                                                                           

                                                                                         

Your managed  client, who pays you on a monthly basis, must be tracked and reported in TechRISKS License PROTECTSM ON-LINE PORTAL. The transaction must be marked as eligible for Seller Protection on your Account Transaction page.

 

Further

  • Your account must be in good standing.

  • Your payments must be current and fully paid.

  • Your credit card must be up to date and not expire during the policy term – which you can update as needed.

  • You agree to follow the clear terms and conditions of our program, provided in our user agreement and package that will be provided to you & your company.

If you have a claim, you will submit a basic claim application form online your Manage Your Account Page. Make sure to have your transaction number, clients name and basic information on hand to enter into our claims portal. One of our claims representatives will review your claim for reimbursement in a timely and professional manner.

 

Claims Processing:  Via Manage Your Account Page here:

  • Easily receive reimbursement payment income via this page.

  • You must provide basic evidence that software as described on managed monthly basis, that the licensed software service was completed as described.

  • You will be asked to upload or provide basic evidence which can include any evidence available to prove that your buyer received the software and benefited from the transaction including a copy of the managed services agreement (MSA ) for client who has committed a non-payment event or has defaulted payment conditions outlined in the MSA.

 

As long as your account is in good standing, you have submitted valid proof of non-payment and default by your client, with a scheduled eligible transaction number, your firm will receive a reimbursement per the terms and conditions outlines in our program agreement.  T

 

Any Disputes & Limitations will be reviewed by claims, underwriting and program management to determine if protection coverage in fact applies, per the terms of our agreement and outlined in the protection contract, specifically reviewing information your company submitted, user agreements and other material & methodology to ensure the proper reimbursement back to your firm, if basic conditions are met.

 

This will also be done in a reasonable and courteous manner as we value you, your time, and your business with us, allowing you to focus on growing your business and core competencies. 

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4.   My Account

 

You can create an account by  log-in and registering your account for the first time in several quick strokes. Next you will need to complete our program user agreement.  You will be provided a basic user’s manual and then you will be able to obtain protection for scheduled eligible monthly transactions.  We currently request that you:  

  • Register your company on our online portal. Manage Your Account user account information, includer user admin privileges and the basic terms and conditions of our program agreement here

  • Manage Your Clients  (including Basic Manual Entry instruction for reporting scheduled eligible transaction and end user clients).

  • Manage  Your Account (including performance data, reports, and user admin).

  • Data Dump / Uploading functionalities for select larger partners and providers.

Larger Tech - MSP Providers, Select Partners and others who have a large number of clients, high    

monthly volumes may be eligible for data support, dumps / uploads, additional functionalities, and   administrative support.

Contact e-contact@TechRisks.com

or call US Toll: 866.355.7475  /    Tel: 267.803.1371

 

Payment Processing:   Via Manage Your Clients here

  • Your account must be in good standing. Your payments must be current and fully paid.

  • Due to the nature of non-payment protection, what we offer your firm, how it is processed and how you conduct your monthly service business, our protection service fees and charges are fully earned.

  • If a claim is to be made you must provide basic evidence that software as described on managed monthly basis, that the licensed software service was completed as described and scheduled into our client page here.

 

Managing your and your staff’s profile (or access);   Via Manage Your Account Page here

 

  • Add or update your payment methods:  Via Manage Your Client or Manage Your Account Page here:

 

  • Disputes, end user holds, your company holds, transfers contact issues, rare limitations contact e-contact@techrisks.com and outline your exact issue or problem

 

5.  Seller Tools

Request a full program user’s manual by signing up.   All information will be clearly outlined  to you including our basic program user agreement.  Our goal is to make your business more efficient, increase your sales and most importantly protect your firm against nonpayment or default of payment by your customers in todays complex trying times.

 

Contact e-contact@TechRisks.com

or call US Toll: 866.355.7475  /    Tel: 267.803.1371

 

www.TechRisks.com 

 

Tech E&O Cyber                      Crime Insurance 

General Liability / BOP              Employment Practices Liability:

Property                                  Directors and Officers Insurance 

Workers Comp                         Merger / Acquisition/ Asset Insurance 

Auto Insurance                        Other Insurance Upon Request

Umbrella / Excess  

 

New:

  1. Cyber Insurance for your clients

  2. Trade Credit / Client Payment Protection

  3. Exclusive & Complimentary Risk Management: Tech MSP & Client Standardization, Best  Practices, Contracting Analysis,  Cyber Incident Prevention, Detection & Response Solutions.  Other insurance and protections upon request;  Services vary with base applications; by  insurance company partners; based on your needs. 

 

More ways to get help

Find answers or join the conversation

Resolve transaction or account issues

Contact Customer Service

Sample website information.

 

TechRISKS.com/LicensingProTect

  • Sell to your Clients

  • Online Sales Portal

    • Manage Your Clients

    • Manage  Your Account

  • TechRisks.com Licensing Protect  

    • Program information

  • Become a Partner

  • Help

How can we help?

 

Help Center

Log In  Sign Up

 

  1. Common Questions

  2. Help Guides

  3. Payments & Transfers

  4. My Account

  5. Seller Tools

 

 

Any questions, feel free to contact myself or one of our representatives. Thanks for your interest!

 

Michael N. Kihm

President 

Toll: 866.355.7475 Tel: 267.803.1371 Fax: 267.371.5180

 

www.TechRisks.com 

                Tech E&O Cyber                       Crime Insurance 

                    General Liability / BOP             Employment Practices Liability:

                    Property                                    Directors and Officers Insurance 

                    Workers Comp                          Merger / Acquisition/ Asset Insurance 

                    Auto Insurance                         Cyber Insurance for your clients

                     Umbrella / Excess                   Trade Credit / Client Payment Protection

* Risk Management: Tech MSP & Client Standardization, Best  Practices, Contracting Analysis,

   Cyber Incident Prevention, Detection & Response Solutions.  Other insurance and protections

   upon request;  Services vary with base applications; by  insurance company partners;

   based on your needs. 

Legal / Privacy

 

Privacy Policy

TechRisks.com is serious about protecting your privacy -- whether you are a customer or a visitor. We use information collected about you only to process and program terms, and to make TechRisks.com more useful and valuable service. TechRisks.com strives to respect the privacy of those who visit or become our customers.

 

In managing your accounts, TechRisks.com tracks certain nonpublic (personal) information provided by you about your firm. TechRisks.com keeps this information confidential and safeguards it from being improperly disclosed. TechRisks.com only uses and discloses this information to the extent necessary to provide services to you or as otherwise permitted by law. This policy applies to existing and former clients of TechRisks.com  The terms outlined in this privacy policy may be updated over time. To keep up-to-date with TechRisks.com policies, please check this page frequently or e-mail us at e-contact@techrisks.com. Also, please remember that certain services and transactions are performed by our business partners. Our privacy policy and our security or common

practices do not necessarily apply to other service partners like insurance carriers; however, we strive to ensure data is not compromised with regards to our compliance and other services and features as it relates to our partners and their subscribers.

Information Collected and Disclosed. This Privacy Policy relates to information that is confidential to you, your firm and possibly your partners and clients. TechRisks.com only discloses this information about you to those persons that provide necessary services to your account or as permitted by law or authorized by you.

 

Legal and Terms of Use

TechRisks.com and it partners prohibit users the right to copy and print the contents of this website. The information may not be modified, reused, or re-posted without written permission of TechRisks.com. TechRisks.com makes no representations or warranties, express or implied, as to the information provided herein.

TechRisks.com respects the intellectual property of others, and we ask our users to do the same. Material and methodology available on or through other web sites may be protected by U.S. and International copyright, trademark, and intellectual property law(s). It is TechRisks.com s policy, in appropriate circumstances and at its   discretion, to disable and/or terminate the accounts of users who may infringe or repeatedly infringe the copyrights   or other intellectual property rights of TechRisks.com and/or others.

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