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INSURANCE POLICY: CLARIFICATION OF TERMS USED IN INSURANCE POLICY

Wed, 06/24/2009 - 03:34 — m saqib khan

Please advise me the exact meaning/clarification for the following terms used in Insurance policy drawn under l/c:

  1. Name of the assured:xxxxxx
  2. declared and agreed that respective rights and interest of xxxxx
  3. assignment:xxxxxx

Regards,

M. Saqib Khan

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Fri, 06/26/2009 - 13:33 — Muhammad

RE: INSURANCE POLICY CLARIFICATION.

Dear Saqib,

RE Your answers.

1. First advise what is the incoterms in the Credit and also advise the FULL clause of insurance which stipulates in the Credit. Then , I will be in a better position to answer.

Thank you,

Muhammad 

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