To protect Qatari exporters from risks imposed by overseas buyers, Export Insurance provides two types of export credit insurance: pre-shipment risk cover and post-shipment risk cover, protecting exporters against commercial and political risks.
For any future questions please contact: export.finance@qdb.qa
PRE-SHIPMENT RISK COVER: Coverage for exporter’s manufacturing costs against losses may occur due to order cancellation, before cargo is shipped
This coverage is for Made in Qatar products, which protects you against loss of produce (direct or indirect) or when an order is cancelled before the goods are shipped. This is especially important for exporters producing custom-made products that may not be resalable or when you are obliged to discontinue production due to political or commercial risks in the importing country.
Specifications and conditions:
- Coverage begins from the date of contract signature or starting the manufacturing process and ends once goods are shipped
- Coverage for political and commercial risks.
- Coverage of up to 90% of the incurred manufacturing costs payable
POST-SHIPMENT RISK COVER: Coverage of export receivables from a Single Buyer / Country
Post-shipment risk cover protects you against the risk of an overseas buyer failing to pay for goods received on credit.
It is intended to protect multiple transactions with repayment terms not exceeding 12 months.
Specifications and Conditions:
- Coverage starts once goods are shipped till payment is collected on due date.
- Coverage for political and commercial risks
- Coverage of up to 90% of the value of the payable.
