General Insurance Conditions
Policy holder: Resident exporting companies of the Republic of Armenia
Insured risk: Commercial and political risks
Duration of export insurance policy: up to 2 years
Currency of the sum insured: AMD, USD, EUR, RUB
Waiting period: 1 - 6 months
Amount of indemnification: 75% - 95% of the actual lose as a result of non-payment
Insurance premium: is calculated applying insurance rate to the sum insured
The data is determined based on the financial condition of exporter and foreign buyer, the history of the exporter's and foreign buyer's cooperation, country risk classification of the foreign buyer and so on
Please follow the link to find the main export destination countries risks classification.
For the information on the risk classification of the countries not included in the list, you can contact us on the following number: +374 10 582929.
