Contingency Insurance

What is it? Contingency insurance protects the exporter in any situation in which exporter responsibility relied on the buyer to insure, but sustained a loss because of inadequate coverage from that source. It will cover situations in which the FOB endorsement would have otherwise served had that been in force.

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We hope you now understand the meaning of Contingency Insurance. If you need any more information on this term, please don't hesitate to contact us.