SERV defines a waiting period as the time between the occurrence of the insured risk and the occurrence of the insured event. During this period, it is assumed that the payment may be delayed.
Technical terms
The glossary contains precise explanations of key terms – from the Arrangement on Officially Supported Export Credits and del credere risk through to working capital insurance.
Use the alphabetically sorted list or the search function to search for specific terms.
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Waiting period