FIND SOLUTION THAT MATCHES YOUR BUSINESS

The insured contractor is entitled to insure one or more risks for each policy period (policy period: one year).

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  C E N

  Confiscation, Expropriation Nationalization, compulsory seizure or any other action taken by the public authorities of the host country that may reduce or eliminate ownership of, control over, or rights to the insured assets.

  
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  Re-export restriction

  The inability of the contractor to re-export the equipment following the denial or the delay of the public authorities of the host country to authorize the re-export at the conclusion of the project

  
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  Currency Inconvertibility and Transfer Restrictions

  Refusal to transfer the value of the equipment in the event where the authorities do not allow the re-export with permission to sell the assets in the host country
  Or to allow the transfer with the imposition of a discriminatory exchange rate or delay in the transfer of the value of the equipment in foreign exchange to outside the host country

  
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  War and Civil Disturbance

  Acts of war emanating from a foreign entity or the host country, or civil disturbance in the host country including revolutions, coup d’états, insurrections, terrorism or sabotage which directly damage or destroy the insured equipment.