PRODUCTS & SERVICES
Companies investing or having export-import transactions with Uzbekistan can face an uncertain economic and political environment. And any adverse changes in the country can lead to the loss of asset and investments. In order to protect the interest of foreign investors and trading entities from these threats UIIC offers political risk insurance cover for investment and trade.
Investment: Confiscation, Expropriation and Nationalisation
Trade: Contract Repudiation, Wrongful Calling of Guarantee or Non-Honouring of LC
Policy periods: of up to 7 years
Capacity: of up to US$10 million per risk
Indemnity: up to 100%
Non-cancellable coverage for the full policy term except in the case of non-payment of premium
To read more about our products and services please visit the website of our business partner and underwriter - AIG UK Political Risk.
* Medium and large sized corporations with overseas subsidiaries or joint ventures
* Companies investing in Uzbekistan for the first time
* Financial institutions and other institutions with cross-border exposure
* Project contractors
* Importers and exporters
The description herein is a summary only. It does not include all of the terms, conditions and exclusions of the coverage and services described. Certain coverage and services may not be available in all jurisdictions. Insurance coverage is subject to underwriting review and approval.