Comprehensive Insurance Policy

The policy covers revolving export credits granted to multiple importers from several countries for a period not exceeding 360 days. Both credit and political risks are insured for export transactions. As a complementary service to insured exporters, risks of default of payment of local buyers are insured by Dhaman where only credit risks are covered. The policy period is one year, automatically renewed.
up to 90% of the incurred loss is disbursed to the insured exporter in case of risks materialization.

Procedure

  • Request for quotation

    The exporter submits the identification form to enable Dhaman prepare the IQ

  • Export credit insurance quotation

    Dhaman provides the exporter with an insurance quotation detailing the scope of cover and the pricing

  • Issuance of the insurance policy

    Acceptance of quotation /policy signature/premium payment

  • Declaration of shipments

    Declaration of shipments to approved buyers on a monthly basis

  • Compensation Process

    Declaration of default of payment/Compensation disbursement/Collection from the defaulting obligor

Contact info

  • Nabil Bitar, Operations Officer

  • +965 24959568 (Direct)
  • nabil@dhaman.org