Insurance Policy
Posted: Wed Aug 25, 2010 2:53 pm
Dear all
I need yr assistance to understand the meaning of such clause mentioned in MT 700 f 46 A
"IN CASE THE BILLS OF LADING BEAR ''BOTH TO BLAME COLLISION CLAUSE" INSURANCE POLICY MUST COVER SAME".
what is the collision clause? and which parts to be blamed?
Is this clause appear in the B/L?
How could the bank check this clause?
regards
memo
I need yr assistance to understand the meaning of such clause mentioned in MT 700 f 46 A
"IN CASE THE BILLS OF LADING BEAR ''BOTH TO BLAME COLLISION CLAUSE" INSURANCE POLICY MUST COVER SAME".
what is the collision clause? and which parts to be blamed?
Is this clause appear in the B/L?
How could the bank check this clause?
regards
memo