Additional Political Risk Coverages
Protects local currency dividends, debt service, return of capital by a foreign government or private sector buyer
- Covers non-payment of financial obligations of sovereign governments, state owned enterprises and other quasi-sovereign entities.
- Protects the insured when licenses that are fundamental to the operation of a project are cancelled by the host government without cause, resulting in the termination of the project.
Wrongful Calling of Guarantees
- Covers wrongful calling of performance or bid bonds, standby letters of credit or similiar on demand guarantees.
900 West Valley Road, Suite 701 | Wayne, PA 19087
Tel. 484-595-0100 Fax. 484-582-0111
P.O. Box 3665, Tyger Valley, Cape Town 7536 South Africa