Advance payment insurance

Insurance procedure:

  1. Exporter and importer conclude an agreement on advance payment terms
  2. «KazakhExport» and the exporter sign an insurance agreement of the exporter’s legal liability on the return of advance payment
  3. The importer makes an advance payment for goods or services to the exporter
  4. In case of default on contractual liabilities and failure to return the advance payment, «KazakhExport» compensates losses to the importer