Issuance date on insurance policy
Posted: Tue Apr 17, 2012 1:00 am
Dear all,
I have a trouble in a case as follows:
+ Insurance policy not showing issuance date but at the end of page it has a small line printed that: “printed on 05 mar 2012”. Can I consider “05 mar 2012” as the issuance date of the insurance policy or I will raise the dscrp: “Insurance policy not showing issuance date nor effective date”?
In my opinion, the aboved mentioned Dscrp can be raised.
But I have asked some professionals in Trade finance field. One said: If the insurance policy is signed as UCP600 stipulated, it will be complied (i.e: 05 mar 2012 is considered as insurance issuance date). The other does not think that date of printing might be taken as a date of issurance policy and take it as discrepancy.
Because of these different opinions, I really want to have more comment in this case.
Thanks and Best regards,
Nguyen Huong Ngoc
I have a trouble in a case as follows:
+ Insurance policy not showing issuance date but at the end of page it has a small line printed that: “printed on 05 mar 2012”. Can I consider “05 mar 2012” as the issuance date of the insurance policy or I will raise the dscrp: “Insurance policy not showing issuance date nor effective date”?
In my opinion, the aboved mentioned Dscrp can be raised.
But I have asked some professionals in Trade finance field. One said: If the insurance policy is signed as UCP600 stipulated, it will be complied (i.e: 05 mar 2012 is considered as insurance issuance date). The other does not think that date of printing might be taken as a date of issurance policy and take it as discrepancy.
Because of these different opinions, I really want to have more comment in this case.
Thanks and Best regards,
Nguyen Huong Ngoc