TCPRI - RISKS COVERED

Our TCPRI solutions for Corporates provide a comprehensive insurance protection against broad spectrum of domestic & export credit risks viz. :

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(1) Commercial risks involving your Customer :

• Insolvency of Customer(s) 

• Protracted default by Customer(s) i.e. not paying on due date

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(2) Export & Political risks affecting Country(ies) which impact customer payments :

• Contract Frustration

• War, Civil War, Terrorism, Rebellion, Coup d’etat etc.

• Government Moratorium

• Confiscation

• Expropriation

• Nationalization

• Currency transfer difficulties,

• Inconvertibility

• Public Buyer Default

• Force Majeure

• Natural Disasters

• Pre-shipment Credit Risks

(3) Contract Frustration & Political risks covering contracts with Government / Public Buyers :

• Insolvency or default by either a public or privately owned entity

• Non-trade capabilities 

• Pre-export finance 

• Pre-shipment political risk coverage

• Unfair and fair calling of on-demand bonds

• Currency inconvertibility and Exchange transfer 

• License cancellation

• Import/Export embargo

• Confiscation, Nationalisation, Expropriation and Deprivation 

• Construction Contractors Plant 

• Failure to honour an arbitration award

• Aircraft and Vessel Repossession

• Mortgage Rights Insurance 

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For Banks, our 'Non-Payment Insurance' (NPI) or Obligor Trade Credit Insurance Policy, covers the risk of non-payment of loan obligation as per financing agreement. Policy can be structured to offer 'Capital Relief' under Basel norms.