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Basic Idea About Insurance Policy In International Trade
Posted: Tue Sep 23, 2008 7:31 pm
by raseen
I think it's one of the main instrument used in documentary credit aspect . but I can't find any resource explain it & gives the basis elements should be taken car of when issued for covering L/C goods !!
I would appreciate any assistance .
Re: insurance policy
Posted: Wed Sep 24, 2008 11:38 pm
by jmitra
dear raseen,
could u b bit specific? whats the confusion is about?
regards
mitra
Re: insurance policy
Posted: Mon Sep 29, 2008 8:10 pm
by raseen
Dear Mitra,
thanks , all what I want is an overview on insurance policy .
- the principles .
- types .
- things should be mentioned on policy face .
- things should be paid attention , while issuing the insurance policy that could cause a serious damage .
Re: insurance policy
Posted: Thu Oct 02, 2008 3:52 pm
by iLC
dear raseen,
i appreciate your urge for learning new things. i really do. but im afraid i wont be able to help you. insurance is a vast issue. an industry in itself. there are numerous things to know. to be honest, most of the bankers know even less than 5% of insurance. UCP uses only a tiny portion of the insurance. i can offer you an idea. try some LC cases related to insurance. you may also search the net. if there is any specific query, please do post. i will try to answer if i know the answer while i think i wont know the answer :lol:
iLC
Re: insurance policy
Posted: Thu Oct 02, 2008 5:01 pm
by cristiand969
Dear Raseen
Why don't you try the following:
http://www.export911.com/e911/ship/insure.htm and all related sublinks. It will give you some clues.
.
Dear iLC ,
There is always room for the bankers to improve their knowledge and they should do that. A chinese saying: If you know the enemy
and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle. (Art of war by Sun Tzu)
Regards
Cristian
Re: insurance policy
Posted: Sat Oct 04, 2008 9:40 pm
by raseen
100% I agree with you Dear Cristian , Bank's customer always highly expecting that bankers know everything about their jobs . what I would like to say that bankers have to be ready to fulfill their customers' needs by keeping their knowledge updated .
By the way thanks very much for the web site I really enjoyed scanning it .
Best Regards