Exporter's Policy

Exporting opens doors, but certainty of payment is crucial. How do you protect yourself against payment risks? With the Exporter's Policy, you export with confidence, even with delayed payments.

Go directly to the premium calculator

The Exporter's Policy is an insurance policy that protects companies against the risks of non-payment by foreign clients. The policy is suitable for transactions involving capital goods and services starting at about 200,000 euros. Cover is between 90% and 98%, with the exporter bearing a small deductible.

The Exporter's Policy is designed for exporters who supply capital goods and services to international markets, particularly in emerging or politically risky markets. Companies operating in sectors such as infrastructure, engineering and energy often benefit most from this insurance. They can better protect themselves against both commercial and political risks, which is crucial in large, long-term projects.

Manufacturing Risk: Protects against the risk that costs incurred during manufacturing will not be reimbursed if the goods or services cannot be delivered.
Credit risk: Covers the risk of non-payment by the client, for example due to bankruptcy, political events such as war, or government actions.
Political Risk: Insures against situations such as war, civil unrest, revolutions, and government actions that threaten projects, including transfer and currency problems.

How does the Exporter's Policy work?

You can request a separate policy for each transaction. Even before you enter into a contract, you can request insurance. If the risk is acceptable, you receive a promise of cover, so you know in advance the conditions under which your risks are insured. This gives you security during negotiations with your client.

After closing the contract, you will receive the insurance policy. If your client does not pay, you can file a claim after the waiting period (usually three months after the invoice due date). During the waiting period, you should try to obtain payment and notify us of the late payment. We can then decide together on the best course of action

If entitled to indemnity, we will reimburse the covered percentage, including for manufacturing damage. We pay the costs incurred as shown in your pre-calculation, usually in euros. When we indemnify you for a loss, we will acquire your receivables and any related security for the transaction concerned. We will attempt to recover the outstanding amount. If we are successful we will reimburse you for your portion of the risk.

"The Exporter's Policy provides our clients with security and protection against financial and political risks so they can focus on growth."

Stephan Naber , Head of SME's & Business Development

Premium

The amount of the premium is fixed at the beginning of the transaction. It depends, among other things, on the amount of the contract, the country of export and your customer's rating. But the payment term also plays a role.

Go directly to the premium calculator

Directly to

Exporter's Policy

Call +31 (0)20 553 2693 for one of our staff members

Back to general product overview