letter of credit requiring presentation of an insurance cert
to show company X as beneficiary,
insurance presented shows
claim payable to the order of company X as beneficiary.
.
If this acceptable.
[edited 8/31/2010 5:15:14 PM]
insurance certificate
-
ChantalDuguay
- Posts: 20
- Joined: Fri Apr 05, 2019 5:16 pm
insurance certificate
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"letter of credit requiring presentation of an insurance cert
to show company X as beneficiary,
insurance presented shows
claim payable to the order of company X as beneficiary."
-----------------------------------------------------
This is acceptable.
Company x is the beneficiary in the insurance cert and valid claims are payable to order of the same beneficiary.
If you were to refuse then which of the UCP rules would you possibly refuse under?
Regards
Svetlana
"letter of credit requiring presentation of an insurance cert
to show company X as beneficiary,
insurance presented shows
claim payable to the order of company X as beneficiary."
-----------------------------------------------------
This is acceptable.
Company x is the beneficiary in the insurance cert and valid claims are payable to order of the same beneficiary.
If you were to refuse then which of the UCP rules would you possibly refuse under?
Regards
Svetlana