Buyer credit insurance

Insurance against default on payments during financing of Swiss export businesses. 

Insurable risks:

• Political risks such as extraordinary government measures and wartime events.
• Transfer risks such as non-conversion/non-transfer of national currency amounts.
• Risks of force majeure, unless insurable otherwise under marketable terms.
• Credit risks such as ordering party insolvency or failure to pay invoices within one month of due date (protracted default).

The insured percentage for buyer credit insurance is usually standardized to 95 percent.