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contract repudiation indemnity

Contract repudiation indemnity provides coverage for economic losses arising out of the unilateral cancellation of a contract as a result of direct or indirect actions of a foreign government or its agents under circumstances in which the insured is not in breach of contract.

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contract repudiation indemnity

Contract repudiation indemnity provides coverage for economic losses arising out of the unilateral cancellation of a contract as a result of direct or indirect actions of a foreign government or its agents under circumstances in which the insured is not in breach of contract.

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The coverage is usually purchased by importers, exporters, and contractors.