Investment Insurance - Personal Investment Insurance
This insurance covers losses suffered by an individual that establishes an investment in fund(s) or a venture in a foreign country. The losses may be incurred when the relevant fund or venture is forced to discontinue its trading and / or business due to war, terrorism, criminal activity or force majeure such as natural disaster. The insurance also covers losses incurred when a company is unable to remit dividend due to prohibition of foreign currency conversion.
This insurance covers losses suffered by a company that performs direct business without establishing its own subsidiary in a foreign country. The losses may be incurred when the relevant real estate, mining right, or equipment brought for the business purpose became useless due to force majeure. It also covers losses incurred when the company is unable to remit proceeds acquired through the sale of business property due to prohibition of foreign currency conversion or suspension of remittance.
