insuarance policy/cert

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dua
Posts: 31
Joined: Tue Nov 11, 2008 9:28 am

insuarance policy/cert

Post by dua » Fri Mar 06, 2009 2:01 pm

Hi all
I 've got a sitiuatuion as follow:
L/c stipulated that: Insurance policy or certificate stating claim payable in X country and showing clearly the agent in X country.
and On the Insuarance policy/ certificate also state this condition on the clauses "all risks...claim payable in X country"
But on the face of the certificate, it said that "claim, if any, payable in/at Y city, Z country" by A company.
and it showing the agent in X country as L/C stipulates
(A company: issued the insurance policy/cert)
As your opinion, is this certificate complied with L/C ?
thanks all.,
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jmitra
Posts: 247
Joined: Tue Sep 02, 2008 10:16 pm
First Name: jasmit
Last Name: mitra
Organization: bank
Filter: Two Plus Two =: 4
Location: India

discrepant

Post by jmitra » Tue Mar 10, 2009 9:32 pm

the insurance certificate is discrepant
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MOHAMED.ASHOUR
Posts: 7
Joined: Wed Feb 18, 2009 12:43 pm

DISCREPANT DOCUMENT

Post by MOHAMED.ASHOUR » Wed Mar 11, 2009 1:36 pm

The insurance documents does not comply with credit requirments accordingly it is a discrepant document.
Thanks
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haribargava
Posts: 36
Joined: Thu Mar 12, 2009 5:34 pm

incosistency

Post by haribargava » Thu Mar 12, 2009 6:10 pm

Hi there,

As the document is inconsistent within itself it should be raised as a discrepancy

Rgds
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