Export & Political Risk Insurance (outside of Australia & New Zealand)

Niche Trade Credit also offers full protection for export clients. When an overseas buyer doesn’t want to use a Letter of Credit and prefers to trade on Open Account or Documentary Collection basis, Export Credit Insurance cover becomes a necessity. You can be covered against the following export and political risks:

• Contract Frustration due to war, riots etc.
• Repudiation by the Buyer – this is a real risk especially in cases of high price or currency fluctuation
• Insolvency of or Non-payment by the Buyer
• Inconvertibility of Currency
• Cancellation of Import/Export Licenses
• Default by Government-owned Buyer
• Contract Cancellation by Buyer's Government