Political Risk

By: DT Financial Services (PTY) Ltd  01-19-2017
Keywords: Corporate, small business, letter of credit

Any sized business can take out political risk insurance to protect themselves against political conditions that could result in financial loss Insure against non-payment or non-delivery Unfair calling of letters of credit or similar on-demand guarantees. Government repudiation of contracts Political violence, civil unrest, war, riots, terrorism Business interuption As with all insurance, the exact scope of coverage is governed by the terms and conditions of the insurance policy

Keywords: Corporate, letter of credit, Political Violence, small business,

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