Policy for the East

Policy for the East – insurance of short-term export receivables against non-marketable risk

Insurance backed by the State Treasury

Policy for the East allows exporters to secure receivables due from buyers based in higher risk countries.
Political decisions may have a significant impact on the country’s economy and, consequently, hinder the performance of the contract you have entered.  Policy for the East allows you to obtain cover against the risk of buyer’s default and non-payment, as well as against the risk of sudden changes in the political and economic environment of the buyer’s country.

We are the only institution in Poland providing comprehensive coverage against the so-called non-marketable risk which encompasses commercial risk, political risk and events defined as force majeure.

Key benefits

• we have a vast experience in covering transactions with buyers based in higher risk countries
• we allow you to submit for cover only selected buyers
• we provide a solid evaluation of the buyer’s financial standing and creditworthiness
• we have a transparent premium calculation scheme – premium is calculated based on actual sales
• we conduct effective debt collection from buyers covered by the policy and we do not charge additional fees for recovered receivables
• we compensate losses incurred as result of default or non-payment for the delivery of goods and services
• we pay every - even the smallest - indemnity 
• we allow for new buyers to be submitted for cover after the insurance agreement is concluded

Entities eligible
Policy for the East is designed for all Polish entrepreneurs exporting Polish goods and services with deferred terms of payment.

Scope of cover
Receivables due from buyers based in the following higher risk countries:

Costs
Premium is determined based on: country risk, value of turnover submitted for insurance, payment terms. Estimated premium can be calculated using our online calculator

Conclusion of the insurance agreement
The insurance agreement is concluded based on an application completed by the entrepreneur. Submitting the application does not oblige you to conclude the insurance agreement. In case of any questions pending please do not hesitate to contact us.