Notes
Slide Show
Outline
1
Your Benefits
2
Covered Risks
  • Commercial Risks
    • Insolvency
    • Bankruptcy
    • Protracted default


  • Political Risks
    • War, revolution, insurrection
    • Cancellation of an import
    • Transfer Risk
3
Risks Not Covered

    •   Disputes, unless and until they are resolved
4
 Terms and Policies
  •   Short-Term
  •      (up to 180 or 360 day terms)


  •   Medium-Term
  •      (for capital equipment sales with 7 year terms)


  •   Single-Buyer or Multi-Buyer basis
5
 Multi-Buyer Policy

  • 95% commercial and 100% political


  • No deductible (for small business)


  • Special small business rate schedule applies (No Minimum Premium!)


  • Pre-approved revolving credit limits for every buyer based on credit & financial information


  • Monthly shipment/premium reporting
6
Single-Buyer Policies
  • Insures single or multiple shipments to ONE buyer under one Purchase Order or contract during a 12 month period
  • Risk-based premium rates, no deductible
  • Varied minimum premiums apply, depending on buyer classification
  • $1000 minimum premium