Insurance designed to guarantee that the exporter will be paid for his goods after delivery. If the exporter has such insurance, responsibility for collecting payment from the company that imports the goods in another country, or the company's agent, rests with the underwriter of the export credit insurance. See also: Insurance, Underwriter

also known as accounts receivable insurance, this insures companies for up to 90 per cent of their losses if their buyers default on a payment, refuse to pay or go bankrupt. This helps ensure that companies get paid for their goods and services. See also 'risk insurance'.

Insurance cover, provided by Bangkok Bank in co-operation with the Export -Import Bank of Thailand, that protects against the possibility of cancelled payments from buyers and buyers' banks.

Export credit insurance is insurance taken out against the risk of non-payment by foreign customers for export debts.

Insurance for exporters against the risk of non-payment for political and/or commercial reasons.

Insurance provided to exporters in order to protect them against commercial and political risks.