29. 01. 2010 - Insurance cover in 2010
In 2010 EGAP returns to the insurance cover level as it had been before adoption of anti-crisis measures and, simultaneously, it starts to differentiate between coverage of commercial and political risks; in some cases it offers higher of insurance cover in comparison to the year 2008. It has as its aim to support sales of selected products. A summary of standard insurance cover levels is contained in the following chart.
| INSURANCE of | 2008 | 2009 |
2010 commercial risks |
2010 political risks |
| Short Term Export Supplier Credit (B) | 90% | 95% | 90% | 90% |
| Short Term Export Supplier Credit Financed by a Bank (Bf) | 90% | 99% | 95% | 97,5% |
| Medium and Long Term Export Supplier Credit (C) | 90% | 95% | 90% | 90% |
| Medium and Long Term Export Supplier Credit Financed by a Bank (Cf) | 90% | 99% | 95% | 97,5% |
| Export Buyer Credit (D) | 95% | 99% | 95% | 97,5% |
| Confirmed Letter of Credit (E) | 95% | 99% | 95% | 95% |
| Credit for Pre Export Financing (F) | 80% | 80% | 80% | 80% |
| Investment of Czech Legal Persons in Foreign Countries (I) | 90% | 100% | 97,5% | 97,5% |
| Credit for the Financing of Investments of Czech Legal Persons in Foreign Countries (If) | 97,5% | 99% | 97,5% | 97,5% |
| Prospection of Foreign Markets (P) | 80% | 80% | 80% | 80% |
| Manufacturing risk (V) | 85% | 95% | 85% | 85% |
| Bank Guarantees (Z) - unfair calling | 95% | 100% | 95% | 95% |
| Bank Guarantees (Z) - fair calling | ||||
| Bid Bond, Advance Payment Bond | 90% | 99% | 90% | 90% |
| Performance Bond | 80% | 80% | 80% | 80% |
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