Financial
Certificate of Insurance
Document evidencing the existence of a cargo insurance policy for a specific shipment. Required in CIF/CIP operations and frequently requested by banks in documentary letters of credit.
Document evidencing the existence of a cargo insurance policy for a specific shipment. Required in CIF/CIP operations and frequently requested by banks in documentary letters of credit.
Document evidencing the existence of a cargo insurance policy for a specific shipment. Required in CIF/CIP operations and frequently requested by banks in documentary letters of credit.
Marine Cargo Insurance
Policy protecting the insured against losses or damage to goods during maritime transport. Can cover from basic risks to all risks depending on the contracted ICC clause.
FinancialOpen Policy
Long-term cargo insurance contract automatically covering all shipments of the insured during its term without needing to declare each one individually. Certificates are issued for each shipment.
LogisticsIncoterms
International rules published by the International Chamber of Commerce (ICC) defining buyer and seller responsibilities for transport and delivery of goods.
TradeLetter of Credit
A bank payment instrument in which the issuing bank commits to paying the exporter if documentary conditions are met as established.