This product covers Koreans making overseas investment
in stocks, properties, and other rights, or as loans and surety
obligations to promote Korea’s overseas investments.
It covers investment principal, dividends, and interests that
cannot be recovered due to the following risks.
in stocks, properties, and other rights, or as loans and surety
obligations to promote Korea’s overseas investments.
It covers investment principal, dividends, and interests that
cannot be recovered due to the following risks.
| Category | Risks Covered |
|---|---|
| Expropriation risks | Foreign governments’ seizure of stocks, deprivation of claim rights to dividends (interest), freezing of accounts, deprivation of mineral rights or ownership rights owned by Korean investors |
| War risks | counterparty to investment not being able to conduct business or use real estate due to losses suffered from war, revolt, insurgent, riot, upheaval, etc. |
| Risks of failure to execute the agreement * |
In case that transfer of proceeds from selling stocks, loan settlement or dividends to Korea is not possible for more than two months due to foreign governments limiting or preventing transfer |
| Money transfer risks | In case conducting business becomes impossible due to foreign governments and others fails to execute major agreements (limited to those approved by K-sure) by counterparties to insurable investments |
| Irresistible risks | In case conducting business becomes impossible due to force majeure such as typhoons, floods, earthquakes, tidal waves, strikes, nuclear accidents etc. or economic sanctions imposed by international organizations such as the UN or countries other than the counterparty nation to investment. |
* In Overseas Investment Insurance
(Right to property and etc.), risks of failure to execute the agreement
are not eligible to be covered.
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