Insurance Certificate Compliance – Endorsement and Policy Number Clarification under LC QUESTION Dear Sir, Good afternoon! I have two questions regarding the Insurance Certificate. Q1. The LC includes the clause: “Insurance Policy or Certificate should be issued to the order of National Bank of XYZ, EGYPT.” The bill of lading contains a similar clause: “Full set of shipped on board B/L issued to the order of National Bank of XYZ, … Read More
WHETHER A DUPLICATE INSURANCE DOCUMENT IS TREATED AS AN ORIGINAL QUESTION Dear Mr. Old Man, So sorry to keep asking your opinion of these matters sir but can you please give me any suggestions when an applicant requests a duplicate insurance policy in the LC itself. So my question is: Is duplicate insurance policy even valid and can be used to make claims if need be? What about the original … Read More
WHERE AN INSURANCE POLICY IS REQUIRED TO BE ISSUED TO THE ORDER OF THE BENEFICIARY AND ENDORSED IN BLANK Read More