🏠 | Insurance | EDC Performance Security Insurance

EDC Performance Security Insurance

Amount:

No fixed amount

Type:

Insurance

Description:

Protect your cash flow with Performance Security Insurance
We’ll cover 95% of your insured losses if a customer wrongfully calls a letter of guarantee or if a call is triggered by you not being able to meet your obligations due to specific political risks.

Comments on Funding:

Deadline:

Continuous Intake

Eligibility:

Applicants eligibility is determined by:
1. review of the letter of guarantee
2. conditions and economic outlook in your customer’s country, and the customer’s profile

Application Steps:

First time applicants must send your completed application forms to tradeadvisor-conseiller@edc.ca.

Current Performance Security Insurance customer, please complete the application for single transaction support and send your completed application form to your account manager.

Documentation Needed:

First time applicants must submit:

1. Customer Profile and Consent Form
2. Application for Single Transaction Support
3. Guarantee Products and Other Insurance Declaration and Indemnity

Current customer must submit:
1. Single Transaction Support

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.