Trade Insurance for Standing Orders from Specific Buyer
Insurance for companies that continually transact business with specific buyers
This insurance is suitable for transactions with a buyer or buyers to whom a Japanese exporter repeatedly supplies products.
The features of this insurance are as follows:
- Setting an insurance claim payment limit to each buyer based on the estimated transaction value for the year with the buyer.
- Simplified application procedures:
Instead of an insurance application for each export contract, only a once-amonth notification of all information on export contracts is required by the end of the next month once the insurance contract becomes effective.
※This insurance covers the same risks as Export Credit Insurance.