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The Lakshmi Vilas Bank has tied up with ECGC Ltd, as a Corporate Agent to market their products, particularly Export credit insurance policy.
ECGC is a Corporation set up by the Government of India for providing export credit insurance cover to India’s exporters and banks.
ECGC is essentially an export promotion organization, seeking to improve the competitive capacity of Indian exporters by giving them credit insurance covers, comparable to those available from their competitors from most other countries.
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ECGC is offering various types of export credit insurance cover to the exporter. Some of the tailor made policies are listed below for reference.
1. Shipment Comprehensive Risk Policy
2. Small Exporters Policy
3. Exports Turnover Policy
4. Specific Shipment Policy
5. Exports (Specific Buyers) Policy
6. Buyer Exposure Policy
7. Multi-Buyer Exposure Policy
8. Consignment Exports Policy etc.,
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