Supplier Credit Insurance
Insurance for a major export contract with a long repayment period.
Exporters of capital goods are exposed to a particularly high financial risk. The payment terms applied in such transactions are usually lengthy, and the value of the contract is substantial. We provide protection against the risk of non-payment by a foreign buyer. Our insurance cover includes political risk and force majeure risk.
Who is eligible?
For a company fulfilling a major export contract for the supply of goods or services with a payment term of two years or more.
We provide protection against:
Insolvency of a counterparty
Delays in the customer settling their financial obligations
Political risk
Force majeure risk
What are the benefits of insuring a supplier loan?
What are the terms of the partnership?
The deferred payment term (credit) for goods delivered or services provided must be two years or more. We are required to apply insurance rates that are harmonised with the rate systems in force in OECD countries that have acceded to the so-called OECD Consensus.
