Supply Chain Risk Management

92 • Supply Chain Risk Management: An Emerging Discipline

Also included in trade disruption insurance is a law/ order decree result-

ing in something called selective discrimination—forced abandonment

of a provider; forced divestiture; and cancelation of licenses, operating

permits, or concessions. And nally, it tends to cover political violence,

including war, insurrection, strikes, riots, terrorism, and civil commotion.

If the insured purchases or produces product overseas and if payments are

made locally in that country, coverage can include currency inconvertibil-

ity (currency conversion and exchange transfer) that can protect against

repatriation of prots, dividends, and other remittances.

is product has been well received. It provides ...