Coverage and benefits
If the Insured buyer has been proven to be insolvent, the Company will indemnify the Insured up to the percentage of Invoice Value or Indemnity Value as provided in the Policy Schedule.
|i.||Any interest accruing after the due date of payment, or any exchange loss;|
|ii.||Any penalties or damages, contractual or otherwise;|
|iii.||Any costs pursuing payment where the buyer claims for any reason to be justified in withholding payment; and|
|iv.||Any currency exchange rate fluctuations except those which might be covered in the Discharge of Debt cause of loss.|
Note: This is non-exhaustive. Please refer to policy wording for full details.