Best for
- Manufacturers
- Trading Companies
- Service Providers
- Wholesalers
- Distributors
- Financial Institutions
- Export Credit Agencies
- Multilaterals
Highlights
- Non-cancellable limits
- Up to 100% indemnity based on coverage being sought
- Coverage may be expanded to include political perils
- Maximum tenor of 10 years
- Broker commission up to 22.5%
- $50 million maximum line for any one risk
- Admitted in all 50 US states
- Worldwide scope
- Responsiveness of a dual underwriting platform with experts in London and New York
- Emphasis on building a customer relationship and a long-term partnership
- Superior claims management processing and customer service
Summary of coverage
- Confiscation, Expropriation, Nationalization and Deprivation cover: protects an policyholder's equity investment in subsidiaries and assets worldwide from unforeseen political uncertainty.
- Businesses that have an ownership interest in property abroad may seek to cover a loss resulting from government nationalization of the property or other action by the government that effectively deprives the policyholder of the property or restricts its operations.
- Coverage may be structured to insure assets including, but not limited to: bank accounts; intercompany or bank loans; accounts receivable; inventory; retained earnings; supplies; and work in progress.
- Deprivation coverage: insures against the risk of a government action preventing the use of an asset, such as denying a permit to run a plant.
Documents & forms
Related products
Contract Frustration
Cashflow is vital in any business and protecting it is a top priority.
Why choose Tokio Marine HCC?
Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.
More about us Financial strengthNot all products, coverages, or features may be available in all states. Restrictions, exclusions, limitations, and conditions apply and you should see your agent for more information. Certain products and services are provided through non-admitted insurance carriers and are not subject to certain State Guaranty Funds.