{"id":7662,"date":"2025-02-18T09:41:52","date_gmt":"2025-02-18T09:41:52","guid":{"rendered":"https:\/\/www.xolv.nl\/?post_type=nieuwsitem&#038;p=7662"},"modified":"2025-02-18T12:39:11","modified_gmt":"2025-02-18T12:39:11","slug":"insure-political-risks","status":"publish","type":"nieuwsitem","link":"https:\/\/www.xolv.nl\/en\/nieuwsitem\/verzeker-politieke-risicos\/","title":{"rendered":"Insure political risks"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">For instance, licences or contractual rights may be revoked or assets may be damaged. Often, entrepreneurs only then find out that their financial losses are not covered by standard all-risk insurance policies and that stand-alone cover for political violence does not always cover all unexpected events. With dire consequences<\/span><\/p>\n<h2>Is nothing possible beforehand then?<\/h2>\n<p><span style=\"font-weight: 400;\">Fortunately, it does! You can even prepare well for the potential impact of unforeseen political upheavals. Various political risks can be insured on your credit insurance policy. Generally, these situations or events fall under political risks:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Moratorium:<\/b><span style=\"font-weight: 400;\">\u00a0deferral or suspension of a payment obligation by a company or a country<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Currency transfer risk<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>A generally binding measure taken in the country of the debtor<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>War:<\/b><span style=\"font-weight: 400;\">\u00a0with the exception of the 5 superpowers among themselves<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Natural disaster:<\/b><span style=\"font-weight: 400;\"> a cyclone, flood, earthquake, volcanic eruption, tidal wave or other form of natural disaster in the debtor's country<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Impossibility of contract execution<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Withdrawal of export licence<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Government failure:<\/b><span style=\"font-weight: 400;\">\u00a0the failure or refusal of a government debtor to perform any provision of the contract. This covered cause of loss applies only if the credit limit decision states that the debtor is a government debtor.<\/span><\/li>\n<\/ul>\n<h2>Don't be surprised!<\/h2>\n<p><span style=\"font-weight: 400;\">The only thing predictable is that everything is unpredictable. A credit insurance policy covers various political risks. So you can continue to do business abroad with peace of mind.\u00a0<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Inter-state conflict, failed national governance and rising nationalism are all part of the geopolitical landscape. Stability in a country can sometimes gradually crumble under the eye of the media. But often the old order collapses unexpectedly, leaving investors, lenders and contractors unprepared and with financial losses. Too often, companies discover they can no longer operate in a market they once considered predictable.<\/p>","protected":false},"featured_media":7669,"template":"","onderwerp":[18],"class_list":["post-7662","nieuwsitem","type-nieuwsitem","status-publish","has-post-thumbnail","hentry","onderwerp-kredietverzekering"],"_links":{"self":[{"href":"https:\/\/www.xolv.nl\/en\/wp-json\/wp\/v2\/nieuwsitem\/7662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.xolv.nl\/en\/wp-json\/wp\/v2\/nieuwsitem"}],"about":[{"href":"https:\/\/www.xolv.nl\/en\/wp-json\/wp\/v2\/types\/nieuwsitem"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.xolv.nl\/en\/wp-json\/wp\/v2\/media\/7669"}],"wp:attachment":[{"href":"https:\/\/www.xolv.nl\/en\/wp-json\/wp\/v2\/media?parent=7662"}],"wp:term":[{"taxonomy":"onderwerp","embeddable":true,"href":"https:\/\/www.xolv.nl\/en\/wp-json\/wp\/v2\/onderwerp?post=7662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}