Customs debt insurance
Customs debt insurance is recommended by Eurovalley to anyone who acts as a declarant, holder of goods or their indirect representative in proceedings with the customs authorities. Insurance is one of the forms of guarantee for a customs debt in accordance with the Customs Act. It is an alternative to a bank guarantee or cash deposit. The insurance company acts as the guarantor of the insured in case this insurance is concluded against the customs authorities.
Insurance is arranged in case of non-payment of incurred customs debt, ie. duties, taxes and charges for which the insurance company provided the guarantee.
Eurovalley specialists will be happy to provide you with further information on this insurance and will prepare a specific insurance quote.