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Political risk insurance for overseas projects, Elite 7 seriesSample

by Coorg Associates (Sample) · verified by BARREL

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Ordered and invoiced through BARREL — one contract, one GST invoice.

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Political risk insurance for overseas projects from Coorg, Elite 7 series: 3 insured turnover options between INR 5 crore and INR 25 crore. Highlights: facilitates bank financing against receivables, credit limit monitoring and protection against buyer default. Suited to domestic suppliers selling on credit, equipment exporters and trading companies. Delivered in line with IRDAI Regulations, ECGC Guidelines and Foreign Exchange Management Act 1999. Mobilisation Policy in 1-2 weeks; serves West India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.

Brand
Coorg
Model
COO-243 series
Listing type
Service
Unit
job
Minimum order
1 job
Lead time
Policy in 1-2 weeks
Warranty
Claims support
Standards
IRDAI Regulations, ECGC Guidelines, Foreign Exchange Management Act 1999
Delivers to
West India
GST rate
18 %
Country of origin
India (imported sub-assemblies)
Delivery terms
Site mobilisation as per work order
Returns
Re-work of defective scope at no cost
Other terms
Sample data for testing; not a real offer.

Variants

VariantSpecificationsMin. order · lead timePrice, ex GST
Insured turnoverINR 5 croreCOO-243-01Insured turnover: INR 5 crore1 job · Policy in 1-2 weekson quote
Insured turnoverINR 10 croreCOO-243-02Insured turnover: INR 10 crore1 job · Policy in 1-2 weekson quote
Insured turnoverINR 25 croreCOO-243-03Insured turnover: INR 25 crore1 job · Policy in 1-2 weekson quote

Specifications

Insured turnoverINR 5 crore to INR 25 crore (see variants)
Cover typeWhole turnover
Cover percentage90%
TerritoryGlobalmade to order: India only
Buyer riskCommercial defaultmade to order: Commercial and political
Credit periodUp to 90 daysmade to order: Up to 180 days
Waiting period180 days
ClaimsRecovery assistance
Policy term3 years
Buyer limit settingInsurer approved
Premium basisPer buyermade to order: Percentage of turnover

BARREL: Bharat Atom Renewable Resources Energy Limited