SERV (Swiss Export Risk Insurance): Who Qualifies and What You Get
Protect your business from non-payment and political risks when selling goods or services to foreign markets using this insurance scheme.
This insurance scheme provides protection for businesses selling goods or services to international customers.
Who it's for
This is designed for Swiss companies that export their goods or services to markets outside of Switzerland.
What you get
You receive insurance coverage that protects your business against the risk of a customer failing to pay for their order. It also covers political risks that might prevent payment in a foreign market.
What it costs you
You will need to pay premium fees to maintain the coverage. The cost is determined by the total value of your contract and the level of risk associated with the specific country you are exporting to.
The catch to know
The most important rule is that you must apply for this insurance before you sign your export contract.
How to apply
- Determine the value and destination of your upcoming export.
- Assess the specific risks involved with your foreign buyer.
- Visit the official portal to start your application.
- Submit your details through the official website: https://www.serv-ch.com