For all short-term operation, SBCE offers the following:
1 - Prevention - The continuous analysis and monitoring of an importers' financial standing is an effective instrument utilized in client selection and the development of sale strategies for new markets.
2 - Debt Collection - Included in our insurance policy is a debt collection mechanism. We possess an international network of collection agencies and specialized lawyers, distributed over 190 offices worldwide, that are recognized for their specific knowledge of local legislation and technical capacity to act in each of the nations in order to collect unpaid debts.
3 - Indemnification - Export credit insurance policy, as all other insurance policy, is also designed to compensate policyholders in the event of a claim.
4 - Financing Guarantee - Another important function played by our policy is to act as a credit guarantee in exports financing transactions (ACE, PROEX and BNDES-EXIM), allowing for easier and cheaper access to credit. For this guarantee to be effective, policyholders must transfer the right to compensation in the event of a claim to the institution providing the line of credit.
The Short-term Commercial Risk policy provides coverage for transactions with maturity of up to 180 days. For certain products, such as light-weighted equipment, this period may be extended for up to 2 years (depending on prior analysis).
The Short-term policies provide the following coverage percentages:
- Commercial Risks: up to 90% of the insured and unpaid value;
- Political and Extraordinary Risks: 90% of the insured and unpaid value.
|How to request a credit limit|
|Claims and Indemnification|
|Short-term Political and Extraordinary Risk Policy|
Further information of prices