Page 1 of 1

insuarance policy/cert

Posted: Fri Mar 06, 2009 2:01 pm
by dua
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.,

discrepant

Posted: Tue Mar 10, 2009 9:32 pm
by jmitra
the insurance certificate is discrepant

DISCREPANT DOCUMENT

Posted: Wed Mar 11, 2009 1:36 pm
by MOHAMED.ASHOUR
The insurance documents does not comply with credit requirments accordingly it is a discrepant document.
Thanks

incosistency

Posted: Thu Mar 12, 2009 6:10 pm
by haribargava
Hi there,

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

Rgds