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- Thu Oct 11, 2001 1:00 am
- Forum: General
- Topic: Insurance cover increase
- Replies: 1
- Views: 833
Insurance cover increase
While transferring the credit, i increase sufficient insurance coverage to cover the 110% of the first beneficiary's cif value invoice.- i.e.: 170% or 180% as the case may be. My questions are: 1) what are the differences between the clauses: "sum insured" and "insurance value" ?...