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

This product covers exporters from the nonpayment risk of
export proceeds by importers for those transactions
exceeding two years.

Exports in the EPC and shipbuilding industries involve large
transactions with a long repayment period and developing
countries that may be economically and politically unstable.
And this product covers the political and commercial risks that
accompany in the export of goods to these developing countries.

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

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