Advance payment insurance | Export insurance company «KazakhExport»

Advance payment insurance

Advance payment insurance provides protection to a foreign company (Importer) purchasing Kazakhstani goods/services from a Kazakhstan company on an advance payment basis.

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

Documents for application