Policies insure against pre-shipment and/or post-shipment risks on contracts with a government-owned obligor (also referred to as a Public Buyer).
Pre-shipment risks include import or export embargo; buyer's country frustration of the contract; war and political violence; contract repudiation and failure to honor an arbitration award.
Post-shipment risks include nonpayment or failure to honor a letter of credit. Coverage for pre- and post-shipment risks can be combined in one policy.
Non-cancelable* limits during the policy period
Up to 90% coverage
Tenor of up to five years
Minimum premium of $10,000
*Non-cancelable limits: subject to policy terms and conditions, after issuing the policy the insurer may not unilaterally reduce any country or buyer limits, except for non-payment of premiums.
System.Threading.Tasks.TaskCanceledException: A task was canceled.
--- End of inner exception stack trace ---
at System.Threading.Tasks.Task`1.GetResultCore(Boolean waitCompletionNotification)
at IXFSDK.IXFSDKClient..ctor(IXFConfiguration configuration, HttpContext http_context)
---> (Inner Exception #0) System.Threading.Tasks.TaskCanceledException: A task was canceled.<---
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