Get paid for what you sell abroad.
Compare export credit insurance for buyer and country risks from our partner insurers. An advisor helps you set up cover for your buyers and markets.
- IRDAI Licence No. 1135Direct Broker (Life & General)
- [X]+ partner insurersCompare plans side by side
- Claim help from a real personWe follow up with the insurer
- Talk to an advisorCall +91 84700 67555
What is export credit insurance?
Export credit insurance protects exporters if an overseas buyer doesn't pay because of insolvency, a long delay, or political events in the buyer's country.
Insured receivables can also help when you raise export finance from a bank.
Find the right planTypes of export credit cover
Pick one to get quotesWhat's covered, and what isn't
Cover varies by plan. Always check the policy wording before you buy.
Usually covered
Up to the insured share, subject to policy terms- Buyer insolvencyThe buyer can't pay its debts
- Long non-paymentPayment overdue beyond the set period
- Goods refusedWithout fault of the exporter, in some policies
- Transfer restrictionsMoney can't be sent out of the country
- War & civil unrestIn the buyer's country
- Import restrictionsNew bans or cancelled licences
Usually not covered
Common exclusions across most plans- Quality disputesUntil the dispute is resolved
- Currency swingsExchange-rate losses
- Known defaultsBuyers already overdue
- Missing permissionsExport or import rules not met
- Above the credit limitSales beyond the buyer's limit
- Related-party salesUnless agreed with the insurer
Get covered in four steps
- 1Tell us what to coverTell us your buyers, markets, payment terms and yearly exports.
- 2Get quotesAn advisor collects the underwriting details and asks our partner insurers to quote.
- 3Share details & KYCAdd the details the insurer needs and complete KYC with your PAN.
- 4Get your policyYour advisor helps you finish, and the policy reaches your email.
How to make a claim
We help with every claim, from the first call to settlement.
Export credit claim
The insurer pays the insured share of the loss- 1Report overdue payments to the insurer within the time set in the policy
- 2Take the recovery steps agreed with the insurer
- 3Submit invoices, shipping documents and correspondence
- 4After the waiting period, the insurer pays the insured share of the loss
Each buyer gets a credit limit
Insurers approve a credit limit for each overseas buyer. Sales above that limit may not be covered, so check limits before you ship.
An advisor can help you request limits for new buyers.
Our general insurance partners
See all partners- ICICI Lombard
Products and availability vary by insurer.
Export credit FAQs
What risks does export credit insurance cover?
Commercial risks, such as buyer insolvency or long non-payment, and political risks, such as war, currency transfer restrictions or import bans in the buyer's country.
How much of the loss is paid?
Policies pay an agreed percentage of the loss, and the exporter bears the rest. The percentage is stated in the policy.
Do I have to insure all my buyers?
Some policies cover your whole export turnover, others cover selected buyers or markets. An advisor can help you compare both.
What is a waiting period?
The time after a payment falls due before a claim can be paid, to allow for recovery. It is stated in the policy.
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