What options are open to exporters looking to cover themselves against the risk of a guarantee being misused?
The Swiss Export Risk Guarantee (SERV) scheme offers such protection against the misuse of guarantees, but only those in favour of public-sector buyers. In all other cases, we recommend that you look into whether an insurance provider such as Zurich Insurance, Hermes, Gerling or Lloyds would be willing to provide the relevant cover.
Related Questions
- Does the purchase of 100% hospital cover guarantee that I will not have any out-of-pocket expenses for a private hospital visit?
- Who bears the risk of making the annuity payments and what kind of guarantee do I have that payments will be made?
- What options are open to exporters looking to cover themselves against the risk of a guarantee being misused?