Export Insurance

Export insurance is a financial product that protects exporters against potential losses due to non-payment by foreign buyers, political events, or economic instability in the buyer’s country. It helps exporters mitigate risks associated with international sales, ensuring they receive payment or recover costs if unforeseen circumstances prevent payment. This coverage encourages businesses to expand into global markets with reduced financial uncertainty, promoting international trade while providing peace of mind that their investments are safeguarded against certain risks.