The Archive · 1941

Comprehensive Policy

The "all in" policy comprises all the risks hitherto covered by the Department with the exception of c.if—the buyer's Ivency, transfer dificult ties, catastrophe risks, pre-shipment cover, and also some other risks, such as "deviation of voyage," certain perils to goods: n overland transit, and the like.

The terms of the new policy are indeed sweeping. They protect the exporter against (a) being prevented from delivering the goods by any case not within his control; (b) the importer's insolvency, or any cause not within control preventing him from paying the exporter in sterling such currency as the contract spe-

It should be added that the De-

Parumert cogs not cover the following risks: (a) The insolvency of the exporter: (b: acts of wa ivil comm>- tion strikes, ete. within the United Kkingdom:; (c) the enactment of any statute. ete, preventing or restricting the manufacture or export of the commodity in question; (d) risks insured by Lloyds or the Government Insurance Office.

Text read from the printed page and cleaned; old type leaves the occasional error.

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