Taking out insurance is one of the key ways to manage your risks if you want to export. It protects your exports and business if you encounter any problems.
There are different types of insurance you can take out:
- product liability (compensation for injury if your product is faulty)
- professional indemnity (compensation for negligent services or advice)
- cargo (insurance to cover your goods in transit)
- export or trade credit (protects you against non-payment or other financial issues)
Government export insurance
Visit the government's UK Export Finance (UKEF) website to find out more about the types of export and finance insurance for your business.