The Port insurance certificate is a guaranty insurance certificate protecting international trade consisting of one or two countries where commercial laws are quoted differently , this certificate is obtained by the EXPORTER of commercial products , oil and gas.
With the Port Insurance Certificate the trade is certified under the bilateral trading companies / countries and any defaulting party breaching the exports trade according to signed SPA within THE PORT AREA OF ROTTERDAM is enforced by e-commerce law to remit penalty clause of 2% SPA VALUE OF GOODS within acts of bilateral trade section 429-990 to the Port of Rotterdam .
if seller does not deliver the product - buyer gets the 2% Penalty.
if buyer does not deliver full payment upon delivery of product - seller gets the 2% Penalty.
Please note that this agreement covers for 6 Months and 12 Months and can be renewed upon expiration .
6 MONTHS INSURANCE COVERAGE - USD$850,000
12 MONTHS INSURANCE COVERAGE - USD$1,200,000
This Certificate can be processed in our office or online via the button below