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Political Risk Insurance for Resident Outward Investments

Political Risk Insurance for Resident Outward Investments

To reduce the political risk level of investment activity in the recipient country, Eximgarant of Belarus provides political risk insurance for resident outward investments.

The insurance covers risks related to the following fields of investment:

  1. property contribution of goods delivered to the overseas country;

  2. transfer of funds to be invested in the overseas company;

  3. transfer of intangible assets to the overseas company;

  4. works (services) provided for the overseas company in the territory of a recipient country;

  5. financial loans issued within the investment mechanisms specified in points 1- 4 to the overseas company.

  6. In case of the occurrence of an insurable event, Eximgarant of Belarus indemnifies to ensure the return of invested resources.

    Procedure for interaction:

    31.png1. Establishment of joint enterprise and assembly line, subject of a commodity production network abroad, etc.;

    2. Conclusion of an insurance policy;

    3. Loss of investments, non-receipt of dividends and revenue; 

    4. Payment of insurance indemnity.
    Documents required for the conclusion of an insurance policy:

    ·    Application for Insurance Policy;

    ·    The Insured’s title documents;

    ·    Documents allowed to indicate the type, amount, and term of investments;

    ·    Overseas company's title documents.

    Procedure for the Insured to follow upon the occurrence of an accident that may constitute an insurable event under the terms of insurance policy:

    Following upon the occurrence of an insurable event, the Insured is obliged to submit the following documents (no later than 30 calendar days from the end of the waiting period):

    1. Insurance claim statement;

    2. Original version of an insurance policy;

    3. Documents proving the occurrence of an insurable event and the amount of damage.

    For inquiries regarding this line of business, contact the Export Credit Insurance Department or any Eximgarant of Belarus’s branch:Tel/Fax: +375 (17) 371-00-65.