Dear All
LC issuing bank has pointed out the discrepancy as below
.
''INSURANCE POLICIES DO NOT DISCLOSE THE EXPIRY OF INSURANCE.'' what does it mean kindly explain .
Insurance Policies Do Not Disclose The Expiry Of Insurance
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expiry of insurance
It is not a valid discrepancy. Please note as per IS BP 745 K9, an insurance document is not to indicate an expiry date for the presentation of any claims thereunder.