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Archive:Financial and Legal Costs/Export Credit Insurance: Difference between revisions

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m New page: {{TF4.8}} ==Export Credit Insurance== Export credit insurance is a specialized line of insurance. These policies cover sales from the United States to countries world-wide. Like domesti...
 
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==Export Credit Insurance==
Export credit insurance is a specialized line of insurance.  These policies cover sales from the United States to countries world-wide.  Like domestic policies, they cover against the financial inability to repay for goods sold or services rendered.  Premiums for export coverage generally run higher and could range from 2.5/10% to 1% of covered sales.  Many companies are finding that requiring letters of credit and other cash documents places an artificial obstacle between a buyer and seller, restricting growth.  These companies often use credit insurance to offer open terms and be more competitive in the global market place.
Export credit insurance is a specialized line of insurance.  These policies cover sales from the United States to countries world-wide.  Like domestic policies, they cover against the financial inability to repay for goods sold or services rendered.  Premiums for export coverage generally run higher and could range from 2.5/10% to 1% of covered sales.  Many companies are finding that requiring letters of credit and other cash documents places an artificial obstacle between a buyer and seller, restricting growth.  These companies often use credit insurance to offer open terms and be more competitive in the global market place.


 
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[[Category:International Business]]
[[Category:International business]]

Latest revision as of 23:11, 25 May 2009

Export credit insurance is a specialized line of insurance. These policies cover sales from the United States to countries world-wide. Like domestic policies, they cover against the financial inability to repay for goods sold or services rendered. Premiums for export coverage generally run higher and could range from 2.5/10% to 1% of covered sales. Many companies are finding that requiring letters of credit and other cash documents places an artificial obstacle between a buyer and seller, restricting growth. These companies often use credit insurance to offer open terms and be more competitive in the global market place.