Export Credit Insurance and Guarantees pp 212-217 | Cite as
Selected Standard Terms of ECA Cover
Chapter
Abstract
As mentioned in previous chapters, nearly all ECAs use standard terms when providing the ECA cover. This means the same terms regulating the rights and obligations of an ECA and an insured are included in all ECA policies as a part of a policy document. Using standard terms saves time for processing a huge number of applications and contributes to equal treatment of applicants for the ECA cover.
Keywords
Credit Risk Future Contract Residual Risk Previous Chapter Standard Term
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© Zlatko Salcic 2014