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Insurance Policy Discrepancies

discrepancies

Discrepancies

The issuing bank or the confirming bank must pay the credit amount to the beneficiary, when they determine that the presentation is complying. The complying...
Insurance Coverage is Insufficient Discrepancy Example

Insurance Coverage is Insufficient Discrepancy

Marine insurance, contract whereby, for a consideration stipulated to be paid by one interested in a ship or cargo that is subject to the...
Insurance Policy not Issued and Signed by an Insurance Company or its Agent

Insurance Policy not Issued and Signed by an Insurance Company or its Agent Discrepancy

Cargo insurance, also referred to as a marine cargo insurance, in general, means the insurance on goods being shipped in international trade by vessel, aircraft...
letter of credit discrepancy example insurance policy

All Originals of Insurance Policies Have Not Been Presented Discrepancy

Marine insurance is a type of commercial liability insurance that provides coverage (financial backing) against perils and losses associated with the transportation of goods. Marine...
insurance document discrepancies

Insurance Document Discrepancies

It is a common practice in the commercial world to insure goods in transit. Briefly, the following reasons compel traders to contract transport insurance: Protection...
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