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Insuring export business as exporter

Manufacturing Risk Cover

Product at a glance

Manufacturing risk cover enables German exporters to insure production costs incurred in connection with an export contract.

Target group

German export firms

Insurable risks

A Manufacturing Risk Guarantee offers protection against losses caused by a discontinuation of production, particularly if

  • the foreign buyer becomes insolvent
  • the contract is cancelled or other grave violations occur
  • adverse measures are taken by foreign governments or warlike events arise
  • embargo measures are taken by the Federal Republic of Germany or third countries participating in the export transaction
    as well as
  • the cancellation fee is not paid and/or the claim to partial payment is not fulfilled following a justified cancellation of the contract by the buyer

Special features

The risks arising after the despatch of the goods can be covered with additional export credit cover (Supplier Credit Guarantee/Buyer Credit Guarantee).

Premium

  • Single premium calculated as a percentage of the prime costs covered
  • In addition certain processing fees (only if separate export credit cover has not been applied for)
  • Changeover to a more riskbased premium system on October 1st, 2010 (valid for new decisions)
  • For a detailed calculation there is an interactive premium calculator (German version only) available.

Uninsured portion

5 % for all risks

For advice please contact

Downloads

General conditions of Manufacturing Risk Cover for Private Buyer Risks (German version only) (249 KB)

Supplementary provisions (186 KB) relating to the assignment of Guaranteed Amounts amend the Art. 19 and 20 of the General Conditions (ECG/BCG/FKG/P/PL) as well as Art. 17 of the General Conditions (FG)

Product Information Manufacturing Risk Cover (210 KB)

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