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Buyer insolvency and default cover, Max seriesSample

by Nalanda Corporate Services (Sample) · verified by BARREL

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Buyer insolvency and default cover from Nalanda, Max series: 4 insured turnover options between INR 5 crore and INR 100 crore. Key features: protection against buyer default, credit limit monitoring and facilitates bank financing against receivables. Used by 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 Quote in 3-5 days; serves South India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.

Brand
Nalanda
Model
NAL-512 series
Listing type
Service
Unit
job
Minimum order
1 job
Lead time
Quote in 3-5 days
Warranty
Claims support
Standards
IRDAI Regulations, ECGC Guidelines, Foreign Exchange Management Act 1999
Delivers to
South India
GST rate
18 %
Country of origin
India
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 croreNAL-512-01Insured turnover: INR 5 crore1 job · Quote in 3-5 dayson quote
Insured turnoverINR 10 croreNAL-512-02Insured turnover: INR 10 crore1 job · Quote in 3-5 dayson quote
Insured turnoverINR 25 croreNAL-512-03Insured turnover: INR 25 crore1 job · Policy in 1-2 weekson quote
Insured turnoverINR 100 croreNAL-512-04Insured turnover: INR 100 crore1 job · Policy in 1-2 weekson quote

Specifications

Insured turnoverINR 5 crore to INR 100 crore (see variants)
Cover typeSingle buyer
Cover percentage90%made to order: 80%
TerritoryGlobal
Buyer riskCommercial and politicalmade to order: Commercial default
Credit periodUp to 90 days
Waiting period90 days
ClaimsSupport with documentationmade to order: Recovery assistance
Policy term1 year
Buyer limit settingInsurer approvedmade to order: Self assessed
Premium basisPercentage of turnover

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Buyer insolvency and default cover, Max series — Nalanda Corporate Services (Sample) | BARREL Shop