Political and Credit risks

Political risk and non-payment insurance for complex projects

Non-payment and political risks insurance: irrevocable and tailor-made for complex, long-term projects

Provides coverage to your most complicated transactions on long-term maturities that fall outside the standard trade credit insurance framework. And it’s irrevocable!

  • Tailor-made

    Every request is analysed individually with made-to-measure pricing

  • Irrevocable

    Single Risk cover is irrevocable for the entire duration of your transaction

  • Long-term

    Up to 8 years of guarantee for private buyers and 10 years for public buyers.

  • Freedom

    You’re free to choose which commercial transactions you guarantee (no account receivables to entrust to us).

  • Flexibility

    You maintain control over which buyers are analysed and the types of risk to cover (political, commercial or both).

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How does political and credit risk coverage work?

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Typically a specialist team will analyse the situation and draw up the best solution with you to facilitate your transactions in India and abroad.

Every request is analysed individually with made-to-measure pricing.

How does political and credit risk coverage work?

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Together with the trade credit insurer, you maintain control over which buyers are analysed and the types of risk to cover (political, commercial or both).

You enjoy bespoke, leading-edge coverage for your one-off contracts, complex transactions, investments or the financing you provide.

You benefit from scalable guarantees so that the protection is perfectly tailored to your profile and changes in your business activities.

Who is political and credit risk cover made for?

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The trade credit insurer helps you with custom-built coverage, protecting against the risks of non-payment and political risks that could occur during the duration of your transactions.

The cover is suitable for one-off or ongoing transactions that require non-cancellable commitments over long periods.

Who is political and credit risk cover made for?

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Projects suitable for Non-payment and political risks insurance :

Capital goods: construction equipment, pipelines, production lines, industrial machinery

Infrastructure: trains, subways, airports, port facilities, roads

Energy: power stations, wind farms, power grids

Defence: ships, submarines, aviation, satellites and radars

Financing: letters of credit, repurchase of receivables, export pre-financing, etc.

IT: software licences, medical equipment

What risks are covered?

Contracts and financing with a private buyer

For a contract and financing with a private buyer, cover can be provided for the following risks:

• Non-payment and insolvency

• Inconvertibility and non-transfer

• Interruption of contract

• unfair calling of bonds

 

Investments, assets, subsidiaries and holdings abroad

For overseas investments and assets or subsidiaries and holdings, cover can be provided for the following risks:

• Embargos

• Armed conflicts, riots, strikes, wars and acts of terrorism

• Confiscation, expropriation, nationalisation and dispossession

• Changes in legislation

Policies with a public buyer

For a contract and financing with a public buyer, cover can be provided for the following risks:

• Non-payment

• Unilateral termination of contracts

• unfair calling of bonds

• Inconvertibility and non-transfer

Frequently Asked Questions

Disclaimer:

Coface Group, through its subsidiaries/affiliates or insurance partners, offers a comprehensive range of trade credit insurance, business information and debt collection services in approximately 100 countries.

In India, trade credit insurance and all related services are provided by Coface's insurance partners i.e. insurance companies duly licensed and regulated by the Insurance Regulatory & Development Authority of India (IRDAI), namely, ICICI Lombard General Insurance, IFFCO-Tokio General Insurance and Universal Sompo General Insurance.

Get in touch with a Coface expert

We call you back