Important instrument of guarantee, export credit insurance gives the exporter more competitive in the international market, enabling sales in time for those charged by competitors. Credit insurance offers the tranquility of exporting sure to receive.
This insurance is accepted as collateral by financial institutions, facilitating access to finance, keeping the other options available to guarantee the borrower's financing is not compromised.
Increasingly used, the export credit insurance is a guarantee against non-payment by the importer, exports of goods and services due to:
• Commercial risks, characterized by non-payment of export due to bankruptcy or simply live;
• political and extraordinary risks, characterized by the inability of the importer to pay the operation, due to specific events, such as a moratorium, wars, revolutions and so on.