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Trade Insurance type

Trade Insurance is a type of insurance that provides compensation to the Insured (Seller / Bank / Non-Bank Financial Institution (INKB)) against the possible risk of loss due to partial or total repayment of payments from the Buyer / Importer or Bank opening L / C caused by risk commercial and / or political risk.

Export Credit Insurance (ECI)

Insurance that provides protection to the Insured (Exporter) for the risk of not receiving some or all of the full export bills from the Importer due to commercial or political risks.

Benefits

Trade Insurance is a type of insurance that provides compensation to the Insured (Seller/Bank/Non-Bank Financial Institution (INKB)) against the possible risk of loss due to partial or total repayment of payments from the Buyer/Importer or Bank opening L/C caused by risk commercial and/or political risk.

Exporters can offer or fulfill the wishes of importers to use terms of payment with soft payment terms (non-L/C but have a relatively higher risk of default payment such as Documents Against Acceptance, Documents Against Payment and Open Account (O/A), this risk can be counted on Asei Insurance.

Exporters can meet market demand from importers, especially those in non-traditional markets.

Exporters can meet market demand from importers, especially those in non-traditional markets.

Exporters can use Export Insurance in order to obtain post-shipment export financing where Export Insurance is an additional guarantee to the bank

Exporters can use Export Insurance in order to obtain post-shipment export financing where Export Insurance is an additional guarantee to the bank

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