Is the pre-printed clause is acceptable or not?
Posted: Sat Jan 23, 2010 9:33 pm
Dear Expert,
May I ask for your opinion on the following:
Query 1
L/C :
46A:
Insurance Policy showing subject to 5 pct deduction.....
Insurance policy showing subject to 5 pct deduction......
but pre-printed “irrespective of percentage”
Is the pre-printed clause is acceptable or not?
For your reference:
Article 28
j. An insurance document may indicate that the cover is subject to a franchise or excess (deductible).
Thank you for your assistance.
Regards,
ucp 800
May I ask for your opinion on the following:
Query 1
L/C :
46A:
Insurance Policy showing subject to 5 pct deduction.....
Insurance policy showing subject to 5 pct deduction......
but pre-printed “irrespective of percentage”
Is the pre-printed clause is acceptable or not?
For your reference:
Article 28
j. An insurance document may indicate that the cover is subject to a franchise or excess (deductible).
Thank you for your assistance.
Regards,
ucp 800