Export Credit Insurance (Buyer Credit) - K-sure,

providing buyer credits from the nonpayment risk of export
proceeds by importers or importing countries’ financial
institutions for those transactions exceeding two years with
a deferred payment basis.

This product covers financial institutions at home or abroad

* Buyer Credit :

is offered by a financial institution providing trade financing for export transactions. And in such a case, the institution seeks
cover under this product to ensure payment by the importer or a financial institution from the importing country that extended
trade financing to the importer.

Medium and Long-term Export Credit Insurance(Buyer Credit) Risks Covered table

Political Risks	Commercial Risks
- Country Risks pursuant to OECD Arrangement - When the policyholder has no fault as they occur outside the Republic of Korea	- Financial contract counterparty’s bankruptcy - Financial contract counterparty’s payment incompetence due to debt freezing by the court in the importing country or debt rescheduling contract with debtors - Payment delays of over two months after the financial contract counterparty’s payment date