To protect Qatari exporters from risks imposed by overseas buyers, Export Insurance provides two types of export credit insurance: pre-shipment risk cover and post-shipment risk cover, protecting exporters against commercial and political risks.These products relieve your company of the burden of maintaining additional capital for export financing.
This coverage is for Made in Qatar products, which protects you against loss of produce (direct or indirect) or when an order is cancelled before the goods are shipped. This is especially important for exporters producing custom-made products that may not be resalable or when you are obliged to discontinue production due to political or commercial risks in the importing country.
Specifications and conditions:
Post-shipment risk cover protects you against the risk of an overseas buyer failing to pay for goods received on credit.
It is intended to protect transactions with repayment terms not exceeding 12 months and mainly includes the supply of consumer goods, raw materials, semi-finished goods and spare parts.
Similar to the pre-shipment risk cover, the guarantee covers 90% of the value of goods
Required Documents in case of a claim: