Exchange transfer embargo indemnity

{
  "id": "MLC-T-INS-001381",
  "term": "Exchange transfer embargo indemnity",
  "field": "Insurance and risk management",
  "definition": "A specialized insurance coverage that protects against financial losses resulting from a government's imposition of restrictions on the transfer of currency or assets out of a country. This indemnity is typically included in political risk insurance policies. It safeguards businesses from being unable to repatriate profits or capital due to exchange controls or embargoes.",
  "url": "https://mlchart.com/terminology/insurance/exchange-transfer-embargo-indemnity/"
}