FCIA provides non-cancelable limits for non-payment coverage to bank or financial institutions on their export/import/pre-export financing transactions. Coverage is available on either short-term or medium-term repayment terms. Policy limits are locked-in for the policy period.

  • Import/export financing
  • Pre-export financing
  • Advance payment financing

Features and coverage

  • Coverage can be short-term or up to seven years
  • Locked-in limit for the term of the policy
  • Coverage is typically up to 90%
  • 180-day waiting period to file claim
  • Minimum premiums are $20,000