Protects Zimbabwe’s exporters from losses that may arise from a variety of commercial and political risks in export transactions
Risks covered:
Commercial: Insolvency of the buyer, his protracted default and non-acceptance of exported goods and insolvency and protracted default of the L/C-issuing bank
Political: War, civil disturbance, moratorium, imposition of new import or exchange control regulations, transfer delays
Other products
Domestic payments insurance: Covers buyer insolvency and protracted default are the commercial risks covered under the policy
Construction bonds: Bid bonds, performance bonds, retention bonds, advance payment bonds, and maintenance bonds
Customs bonds
MSME credit guarantee scheme: Guarantees of bank loans to private-sector companies
General insurance products, including home, auto, marine, golfers, and personal accident