Risks

Non-commercial risks:

failure of repayment of a loan by public debtor,
political occurrences, such as wars, revolutions and general strikes,
moratorium of payments,
restriction of conversion and transfer,
restriction of import,
unilateral termination of agreement by public-law entity client,
various forms of dispossession of property or destruction of documents by the state,
natural catastrophes.

an issued final order of court of other competent organ for institution of bankruptcy,
concluded court settlement in out-of-court proceedings,
unsuccessfully concluded execution,
an issued final court decree for institution of court settlement,
if 6 months have elapsed from the day policyholder notified the company about overdue outstanding debts, or 6 months from the day of the last payment made in the time period from the notification of overdue outstanding debts.