Government Insurance Against Business Risks

Scheme Snapshot

Category:Business advantagesNational:7

For low or even no premiums, you can have the government insure your business against various risks, providing valuable assurances to financial institutions and making it easier for you to borrow.

For example, some insurance programmes will insure your accounts receivable, covering your full book of business for up to 90 percent of your losses against such export risks as foreign customers refusing to pay. Your insurance might also cover refusal to accept the goods, bankruptcy or insolvency, cancellation of import or export permits, currency transfer, contract cancellation, and wars or insurrections.

Find out if you qualify for Government Insurance Against Business Risks

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