Overseas Financial Leasing Insurance
Covered risks | Political risk | A war, expropriation or exchange restrictions that occur in the host country of the lessee or project result in the insured's loss of the rent receivable or payment for lease agreement termination. |
Lessee's breach of contract | The lessee fails to pay the lessor the agreed rent under the Lease Agreement when due for any reason other than force majeure. | |
Covered percentage |
Up to 90% of actual loss if the insured is a non-financial institution. | |
Up to 95% of actual loss if the insured is a financial institution. |
1. Overseas Lease Insurance (the insured is lessor)
It is a product SINOSURE provides to a lessor to safeguard its rent receivable under overseas leasing.
2.Overseas Lease Insurance(the insured is bank)
It is a product SINOSURE provides to financing banks to safeguard its rent receivable under overseas leasing.