Export insurance definition

Export insurance means insurance made available by the authority to protect an exporter against a foreign buyer's failure to pay for goods or services for political or commercial reasons. The amount of the loss covered for each transaction and particular risks shall be determined by the authority.
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Export insurance means insurance made available by the export development authority to protect an exporter against a foreign buyer's failure to pay for goods or services for political or commercial reasons. The amount of the
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Examples of Export insurance in a sentence

  • The various institutes for export support are created: the Russian export center, Export insurance agency of Russia, etc.

  • The Representatives from, ECGC, FALTA SEZ and SBI,Rourkela delivered on Export insurance coverage, Export Finance, SEZ, Export Market etc.

  • Export insurance mechanisms will be introduced with active engagement of the private sector for the full utilization of the export potential, which will enable the exporting companies to develop their production in new directions and gain exposure to new export markets.

  • In general, export credit insurance is a good bet for new businesses in the field.Disadvantageso Export insurance can limit one's freedom of action abroad.

  • Export insurance is still an appropriate mechanism for solving this issue.

  • He let a specific person of histeam accompany the private partner in this dossier so he could function as an intermediary between the private actor and the accountable actor (licensing officer).

  • The Export opration subcategory is directly linked with eLogistics and contains several processes, such as Delivery terms negociation, Shipping management, Export documentation, Export insurance, that are addressed by project eINTERASIA eLogistics solution.Export process model presented here provides a roadmap of preparation and operation of export related activities based on world level best practices.

  • Export insurance is usually less expensive than the cost of letters of credit, but obtaining export insurance involves pre-approval and documentation processes that are burdensome.

  • Apart of all activities it is important to stress that Export insurance and Factoring are the specific products which only IGA is offering to BiH companies.

  • This document is an Initial Study/proposed Mitigated Negative Declaration (IS/MND) for the proposed Alma Place project which proposes 184 apartment/condominiums, drainage facility to serve the project and commercial development, located at 1563 and 1625 W.

Related to Export insurance

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Blanket travel insurance means a policy of travel insurance issued to any eligible group providing coverage for specific classes of persons defined in the policy with coverage provided to all members of the eligible group without a separate charge to individual members of the eligible group.

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a licensed broker with a nonadmitted insurer eligible to accept the insurance, other than reinsurance, wet marine and transportation insurance, insurance independently procured, and life and health insurance and annuities. Excess and stop‑loss insurance coverage upon group life, accident, and health insurance or upon a self‑insured’s life, accident, and health benefits program may be approved as surplus lines insurance.

  • Applicable Insurance Regulatory Authority means, when used with respect to any Insurance Subsidiary, the insurance department or similar administrative authority or agency located in (x) the state or other jurisdiction in which such Insurance Subsidiary is domiciled or (y) to the extent asserting regulatory jurisdiction over such Insurance Subsidiary, the insurance department, authority or agency in each state or other jurisdiction in which such Insurance Subsidiary is licensed, and shall include any Federal insurance regulatory department, authority or agency that may be created in the future and that asserts regulatory jurisdiction over such Insurance Subsidiary.

  • Credit insurance means insurance offered in connection with an extension of credit that is limited to partially or wholly extinguishing that credit obligation.

  • Insurance producer means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities.

  • Foreign insurer means an insurer domiciled outside of this state, including an alien insurer.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Firearm trade association means any person, corporation, unincorporated association, federation, business league, or business organization that:

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.