In order to minimize possible losses for exporters and to secure cash receipts for the Republic of Belarus, Eximgarant of Belarus provides insurance of Short-,Medium-and Long-term Export Contracts against Political and/or Commercial Risks.
The context of implementation of current foreign trade contracts presupposes flexible modes of payment, first of all commodity credit. The conclusion of an insurance contract with Eximgarant of Belarus ensures that any losses incurred by the exporter are covered in case the overseas buyer fails to carry out his obligations as to the payment for products (works, services) shipped against deferred payment, in due course as provided by the contract.
Cooperation with us gives you an opportunity to make use of an unprecedented insurance product ensuring successful and operative completion of a deal and including as well the risk management of the project and advice on the essential details of the export contract both at the stage of its conclusion and at the stage of its management. Besides, being entitled to an insurance compensation, you don’t have to go through a long process of collecting debts abroad.
The insurance premium is applicable to the prime cost of products payable by the overseas client of a Belarusian enterprise, which draws cash receipts into our country.