Unless otherwise stipulated in the credit, the minimum amount for which the insurance document must indicate the insurance cover to have been effected is the CIF value of the goods plus 20%, but only when the CIF value can be determined from the documents on their face. （ ）
举一反三
- 中国大学MOOC: Insurance coverage expressed in the letter of credit as percentage of goods/invoice value is deemed to be minimum coverage required. It should be at least ( ) of the CIF or CIP value of the goods.
- As arranged, we have effected insurance ________ the goods ________ 110% of the invoice value ________ all risks.
- which ones the following statements of CIF are 'ture' ? A: Under CIF, the Seller is required to obtain insurance only on minimum over. B: CIF stands for cost, Insurance and Freight (… named port of destination) C: The seller must present a bill of lading or other maritime document to the buyer. D: CIF rule is to be used irrepective of the mode of transport selected.
- We have cover Insurance ______ the captioned goods ______ All Risks ______ 3% Insurance rate ______ the 110% of Invoice value ______ PICC ______ your behalf.
- We will effect insurance ____the usual risks, ____the value of the goods plus freight.