Insurance Documents and Letters of Credit 3816762268780510832-blid-9065512134407244732

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Article 28 UCP 600 prescribes the requirements an insurance document has to meet if it is to be accepted by a bank under a letter of credit. Insurance documents include insurance policies, insurance certificates and declarations of insurance. These still need to be signed by underwriters, insurance companies or their agents and proxies. Cover notes, issued by insurance brokers are not acceptable.