Terms & Conditions

Pricing

MIGA prices its guarantee premiums based on a calculation of both country and project risk for the regular program.
Rates for the SIP guarantee (three coverage types) range between 0.45% and 1.75% of the insured amount per year.

Duration of guarantee

Coverage is for up to 15 years (possibly 20 if justified by the nature of the project). MIGA cannot terminate the contract unless the guarantee holder defaults on its contractual obligations to MIGA, but the guarantee holder may reduce or cancel coverage on any contract anniversary date starting with the third.

Amount of coverage

Investors may choose any combination of the five types of coverage offered by MIGA.
Equity investments can be covered up to 90 percent, and debt up to 95 percent.
MIGA may insure up to $200 million.

For more information about Terms and Conditions of MIGA Investment Guarantees, click here.