Insurance certificate Strike risks, cert. Dated

Insurance certificate Strike risks, cert. Dated

Postby ucp800 on Thu Mar 11, 2010 3:22 pm

Lc:46a documents required

Certificate of warranty issued by the manufacturer
In 2 originals

Insurance cert. Covering all risks including war risks
And strikes risks in 2 originals


Document presented

Warranty cert. Showing
The warranty period shall be 12 months from date of
Commissioning or maximum 18 months after date of
Shipment from the factory, or the first 2000 diesel
Engine hours of operation, which shall occur first.


Insurance cert. Marked – 03 originals
Showing covering all risks including risks of war and sr and cc.

May i have your comment :

1. Insurance cert. Issued in 2 originals are acceptable
Provided full set 3/3 originlals are presented.

2. Covering strike risks should be clearly indicated on
insurance cert. Even though “sr and cc” “sr” stand for
strike and riots

3. Warranty cert. Should be dated.

For your reference:
Isbp 681

13)drafts, transport documents and insurance documents must be dated even if a credit does not expressly so require. A requirement that a document, other than those mentioned above, be dated, may be satisfied by reference in the document to the date of another document forming part of the same presentation (e.g., where a shipping certificate is issued which states “date as per bill of lading number xxx” or similar terms). Although it is expected that a required certificate or declaration in a separate document be dated, its compliance will depend on the type of certification or declaration that has been requested, its required wording and the wording that appears within it. Whether other documents require dating will depend on the nature and content of the document in question.



Thank you for your assistance.

Regards,
Ucp800
ucp800
 
Posts: 74
Joined: Tue Aug 11, 2009 8:56 pm

Insurance certificate etc

Postby picant on Fri Mar 12, 2010 1:50 am

Hi Pal,

I think that ISBP 681 is helping you as cited point 13 for the date and point 29 for the original insurance certificate.
IMHO SRCC is internationally recognize as Strikes, Riots and Civill Comotions ICC Clause.

Other comments appreciated

Ciao
picant
 
Posts: 315
Joined: Wed Aug 20, 2008 1:49 pm

i agree

Postby iLC on Fri Mar 12, 2010 8:50 am

i agree with picant. SRCC is well recognized and i see no reason to state them in full. about the warranty certificate; i found nothing in the certificate that relates to the date of the certificate. rather its indicating to some other event. in my opinion, there is no need for it to be dated.
iLC
 
Posts: 434
Joined: Thu Jun 26, 2008 10:33 pm

Warranty certificate should be dated

Postby Phani Krishna on Sat Mar 13, 2010 5:16 pm

First we have to check with the document and should check with the functionality of the certificate,
so a warranty certificate should be dated to calculate the period of warranty whether it is issued previously before to warranty dated. Hope the comments
Phani Krishna
 
Posts: 12
Joined: Wed Feb 10, 2010 4:10 pm

No need for a dated warranty certificate

Postby ybattia on Sat Mar 13, 2010 7:25 pm

ISBP 13.
"... Although it is expected that a required certificate or declaration in a separate document be dated, its compliance will depend on the type of certification or declaration that has been requested, its required wording and the wording that appears within it. Whether other documents require dating will depend on the nature and content of the document in question."

& as long as we can determine the period of Warranty granted to the applicant.. being as; "12 months from date of Commissioning or maximum 18 months after date of Shipment from the factory, or the first 2000 diesel Engine hours of operation, which shall occur first."

Then 'in my opinion' there is no need for a dated warranty cert. and even an undated one will do,

Regards,
Joe
ybattia
 
Posts: 42
Joined: Sat Feb 21, 2009 11:49 pm
Location: Cairo, Egypt


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