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The easier method to support exports. There are a number of disadvantages to using LC's (Letters of Credit). Often an overseas buyer doesn’t want to or can't use a Letter of Credit and prefers to trade on an Open Account or Documentary Collection basis. In these cases Export Trade Credit Insurance offers the solution.
Export trade credit insurance covers both commercial and political risks.
The market intelligence available through the global underwriters provides for expert evaluations of your export clients, credit risks and the viablity of specific countries and or market sectors.