Export credit insurance provides assurance to the exporter or the exporter's bank that, should the foreign customer default on payment, the insurance company will pay for a major portion of the loss.

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Export credit insurance is a form of trade credit insurance that ensures protection to exporters against the risk of non-payment by foreign buyers. It provides assurance to the exporter or the exporter's bank that, should the foreign customer default on payment, the insurance company will pay for a major portion of the loss.

Export Credit Insurance Provides Assurance to the Exporter or the Exporter's