Provide protection to exporters against the risk of non-receipt of invoices
Insurance that provides protection to the Insured (Exporter) against the risk of not receiving part or all of the export invoice from the Importer due to commercial risk or political risk.
The benefits obtained are as follows:
Giving a feeling of security to exporters in facing their export risks and increasing the courage to penetrate new export markets with very low premium costs.
Exporters can offer or fulfill importers’ wishes to use terms of payment with soft payment terms (non-L/C but relatively have a higher level of risk of default payment such as Documents Against Acceptance, Documents Against Payment and Open Account (O/A), this risk can be insured at Asuransi Asei.
Exporters can fulfill market demand originating from importers, especially those in non-traditional markets.
Exporters can use Export Insurance in order to obtain discounted export bills financing (post-shipment export financing) where Export Insurance is an additional guarantee to the bank.