Sat, 5 Jul 2008

 
Single Risk Cover


Unistrat Coface Single Risk Covers


Unistrat Coface single risk provides protection against economic, financial and commercial losses for investments, financing, import and export operations. Covers are tailor-made in terms of risk assessment, scope and cost.


Companies engaged in import/export contracts and/or possessing investments abroad are interested in tailor-made protection for all political and commercial risks in particular in emerging countries, to secure multi-country, multiple debtor, and multiple-risk spot operations for up to 5 years and is renewable.


Banks or financial institutions require such a policy for the financing and pre-financing of trade-related financial loans, bill discounting and letters of credit confirmation.


Causes of loss include:
- Political risk: unforeseen political events and a political decision in the host country or a third country
- Credit risk: failure of a client, supplier private borrower


Major Benefits
- Effective control of bad debt risks and a variety of losses
- Enhanced credit management services
- Expand sales and investment securely in new markets
- Protection of the balance sheet and cash flow




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