Master Trade Finance Insurance Policy

The policy protects the insured banks against commercial and political perils that may lead to the default of the obligor banks under different Trade Finance Instruments – whether letters of credit, avalized drafts or otherwise.

This insurance policy enables the policyholders to mitigate and transfer credit risk, support their customers, increase opportunities, balance their portfolio and satisfy capital requirements.

In case of a claim, Dhaman pays up to 100% of the insured amount under the insured transaction .


  • 1

    Signing of the Master Trade Finance Insurance Policy

  • 2

    Dhaman sends firm Insurance Offer or Tentative Non-Binding Indication with pricing and relevant terms & conditions

  • 3

    Issuance of insurance decision for underlying transaction upon acceptance of the quotation

  • 4

    Declaration of utilization upon shipment or draw-down by the insured FI and premium payment

  • 5

    Compensation Process
    in case of default

Contact info

  • Shaimaa M. Aldoussari Head of Financial Institutions Unit

  • +965 24959540