Access Short-Term Export Credit Insurance

3. Short-Term Single-Buyer Policy

This policy provides credit protection for short-term credit sales made by an exporter to a single international buyer during a 12-month policy period. Premium rates are based on tenor, type of buyer, and the
buyer's country.

Features

• Supports single or multiple shipments
• Commercial and Political Risk Coverage: Private Buyers 90%, Sovereign Buyers 100%, Letter of Credit Transactions 95%, and Bulk agricultrual transactions 98% coverage against buyer payment defaults with no first loss deductible
• Contains a "lock-in" feature to commit Ex-Im Bank coverage offer over a 90-day period (useful when a sale is being negotiated)
• Allows for assignment of exporter's receivables to Ex-Im Bank to a lender for immediate funding

Publications:

Updated: June 1, 2008