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

  • 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.

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

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

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a resident 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.

  • 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.

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

  • Ocean marine insurance means insurance against loss of or damage to:

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

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.