Best for
- Financial Institutions
- Export Credit Agencies
Highlights
- Non-cancellable limits
- Policy tenor of up to seven years for private sector and 10 years for public sector obligors
- Policies are structured with a level of co-insurance underwritten on a case-by-case basis
- No policy deductible
- $50 million maximum line for any one risk
- Worldwide scope
- Responsiveness of a dual underwriting platform with experts in New York and London
- Emphasis on building a customer relationship and a long-term partnership
- Superior claims management processing and customer service
Summary of coverage
- Allows banks to mitigate internal country and obligor limits and enjoy capital relief
- Acceptable structures include term loans, general purpose loans and revolving credit facilities among others, with a focus on investment grade entities, sovereign debtors or collateralized financing
- Admitted in all 50 states
Documents & forms
Related products
Not all products, coverages, or features may be available in all states. Restrictions, exclusions, limitations, and conditions apply and you should see your agent for more information. Certain products and services are provided through non-admitted insurance carriers and are not subject to certain State Guaranty Funds.