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20. Foreign Credit Insurance. Foreign Credit Insurance Association. Risk Management in Exporting Benefits of Exporting Risks of Exporting. Foreign Credit Insurance Association. Origin of the FCIA A. Risks Covered 1. Political Risks. Foreign Credit Insurance Association.
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Foreign Credit Insurance Association Risk Management in Exporting Benefits of Exporting Risks of Exporting
Foreign Credit Insurance Association • Origin of the FCIA A. Risks Covered 1. Political Risks
Foreign Credit Insurance Association 2. Special Endorsements a. preshipment coverage b. nonacceptance coverage c. coverage in a foreign currency 3. Exclusions and Limitations
Foreign Credit Insurance Association B. Advantages
Foreign Credit Insurance Association C. Traditional Policies 1. Short-term comprehensive 2. Coverage a. Permitted exclusions b. Discretionary limit 3. Short-term political risk policy 4. Medium-term comprehensive 5. Medium-term political risk
6. Small Business Policy 7. FCIA Coverage as Financing Tool a. simple notice assignment b. special assignment c. assigned transactions