Insurance policy vs. Insurance certificate

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GerhardH
Posts: 58
Joined: Fri Apr 05, 2019 5:18 pm

Insurance policy vs. Insurance certificate

Post by GerhardH » Wed Feb 28, 2007 12:00 am

Based on my question, which criteria divide the policy from the certificate, in case just the title is changed ? How does the bank approve the 'policy character' ?
Bank approves only on the face of the document whether the conditions of the L/C are met, therefore normally they only look for the title of the document.
Thank you all for your suggestions.
Regards
GerhardH
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