What is Import-Export Insurance?Businesses engaged in international trade are shielded from a variety of hazards associated with the cross-border transportation of commodities by import-export insurance. It usually includes coverage for political risks, non-payment by foreign customers (export credit insurance), and other possible disruptions, as well as protection against loss, damage, or theft of products during transit, whether by land, sea, or air (marine cargo insurance). For enterprises to protect their financial interests and reduce risks in international trade activities, this insurance is crucial.
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