Individual Policy

Exporters of capital goods are exposed to a particularly high financial risk. The payment terms applied in such transactions are usually lengthy, and the value of the contract is substantial. We provide protection against the risk of non-payment by a foreign buyer. Our insurance cover includes political risk and force majeure risk.

Who is eligible

Exporters of capital goods (e.g. machinery, equipment, production lines, construction services) under credit terms not exceeding a period of two years. 

Benefits

1. Our insurance policy secures an individual export contract, starting from the day of the first delivery until the last payment date, up to the insured amount specified in the insurance policy.
2. Exporter’s obligations under the insurance policy are reduced to minimum – no reports concerning the export contract or payments made by the buyer are required.
3. We provide a solid evaluation of the buyer’s financial standing and creditworthiness.
4. Indemnity is paid in the currency of the export contract in order to minimize the currency risk.
5. Payment of the indemnity is guaranteed by the State Treasury.

Countries covered

The insurance covers 165 countries, as well as countries that, on the basis of the Communication from the European Commission, have been temporarily excluded from the list of marketable risk countries.

Eligibility criteria

• The credit term under the contract cannot exceed a period of two years.
• The insured percentage may not exceed 95% of the value of insured receivables.
• All receivables subject to insurance must be confirmed by a properly issued invoice. Currency of the invoice must be listed on the “Currency Exchange Rates Table A” published by the National Bank of Poland, or the invoice may be denominated in Polish zlotys.