Export and/or import embargo indemnity

{
  "id": "MLC-T-INS-001416",
  "term": "Export and/or import embargo indemnity",
  "field": "Insurance and risk management",
  "definition": "A specialized insurance coverage that protects a policyholder against financial losses resulting from government-imposed embargos on exports or imports. This indemnity typically covers the value of goods that cannot be shipped or received due to such restrictions. It is a form of political risk insurance for international trade.",
  "url": "https://mlchart.com/terminology/insurance/export-and-or-import-embargo-indemnity/"
}