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?

Attractive terms

We provide cover against the risk of non-payment of foreign buyers and monitor their financial standing.

Full transaction protection

In addition to providing cover against the risk of non-payment, we are able to cover costs incurred by the exporter prior to the delivery of goods or performance of services under the contract.

Currency risk

Indemnity is paid in the currency of the export contract in order to minimize the currency exchange risk.

Payout guarantee

Payment of the indemnity is guaranteed by the Polish State Treasury.

International standards

Insurance conditions meet international standards set by OECD and the European Union.

Countries covered

The cover spans nearly 200 countries worldwide, in line with the current policy regarding officially supported export insurance.

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.