Post-shipment risk cover protects you against the risk of an overseas buyer failing to pay for goods received on credit.
It is intended to protect transactions with repayment terms not exceeding 12 months and mainly includes the supply of consumer goods, raw materials, semi-finished goods and spare parts.
Required Documents in case of a claim:
- Delivery note
- Certificate of Origin (clearly stating Made in Qatar)
- Export contract
- Purchase order
- Invoice
- Transport documents (B/L, etc.)
- Dunning correspondences
- Documents issued by Customs
- Any proof of payment/money received or any other gains
- Email with notification by the exporter to the buyer that he will take legal actions against these receivables