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Application, Offer, and Policy

In: Export Credit Insurance and Guarantees

Author

Listed:
  • Zlatko Salcic

Abstract

The process of issuing the ECA cover follows the negotiation of and entering into a commercial or loan contract for which the ECA cover is requested. Providing the ECA cover in individual transactions is divided into three stages—application, making an ECA offer and issuing the ECA policy. Other terms for these stages used by various ECAs are the proposal, preliminary commitment and final commitment. Providing the framework cover, described in Chapter 4, is different from issuing the ECA cover for individual transactions described below.

Suggested Citation

  • Zlatko Salcic, 2014. "Application, Offer, and Policy," Palgrave Macmillan Books, in: Export Credit Insurance and Guarantees, chapter 12, pages 117-122, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-36681-8_12
    DOI: 10.1057/9781137366818_12
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