Trade & Customs Insurance

Trade & Customs Insurance is a specialty product that protects importers, shippers, and deal parties from financial loss arising from an adverse customs determination. …The policy is underwritten around a defined trade position such as valuation, country of origin, or classification and provides coverage if customs authorities ultimately reach a different determination. Policyholders are indemnified for incremental duties, interest, penalties, and defense costs. For operating businesses and logistics or platform companies, Trade & Customs Insurance provides greater certainty for sourcing, pricing, and supply-chain decisions across complex cross-border footprints. In M&A and financing contexts, it can ring-fence legacy import exposure, reduce or eliminate special indemnities and escrows, and convert a potentially material contingent liability into insurer-backed certainty.

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Contingent Risk Insurance