EDC Performance Security Insurance
No fixed amount
Insurance
Description:
Protect your cash flow with Performance Security Insurance
We’ll cover 95% of your insured losses if a customer wrongfully calls a letter of guarantee or if a call is triggered by you not being able to meet your obligations due to specific political risks.
Comments on Funding:
Continuous Intake
Eligibility:
Applicants eligibility is determined by:
1. review of the letter of guarantee
2. conditions and economic outlook in your customer’s country, and the customer’s profile
Application Steps:
First time applicants must send your completed application forms to tradeadvisor-conseiller@edc.ca.
Current Performance Security Insurance customer, please complete the application for single transaction support and send your completed application form to your account manager.
Documentation Needed:
First time applicants must submit:
1. Customer Profile and Consent Form
2. Application for Single Transaction Support
3. Guarantee Products and Other Insurance Declaration and Indemnity
Current customer must submit:
1. Single Transaction Support
Other Things to Note:
About the author
Maurice
