Back to home Help Contact Us Register with us Login Home

 

Credit Finance
Trade Finance

Letters of Credit

Benefits
Key Stages

Glossary

Incoterms 2000

Documents
Credit Insurance
Export Finance
Factoring
Forfaiting
Import Finance
Invoice Discounting
Merchant Finance
Open Account Funding
Post-Shipment Finance
Pre-Shipment Finance
Purchase Order Finance
Stock Finance
Supplier Finance
wwcb2b.com
Letters Of Credit Funding
Insurance

The Letter of Credit will indicate what insurance cover is required, and will state whether an insurance policy or a certificate is needed.

An insurance policy may only be issued by the insurer and is usually in standard form covering the customary risks for any method of transport (Lloyd's MAR policy is normally used).

Regular Exporters can organise an open policy to cover all exports during a specific period. Individual insurance certificates are issued for each shipment by either the insurers and/or the Exporter. This certificate must contain the same details as the policy, with a shortened version of the provisions of the policy under which it is issued.

An example of a Certificate of Insurance in PDF format*


*Adobe.com will allow you access to PDF files.

 
 
   

Copyright 2001 -  2018
 Worldwide Company Corporate Finance Brokers All Rights Reserved, 
Privacy Policy