Is a broker's cover note acceptable under UCP 600?
No. A cover note issued by a broker is not accepted under UCP 600, because it evidences only that the broker has arranged to place cover, not that an insurer is on risk.
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No. A cover note issued by a broker is not accepted under UCP 600, because it evidences only that the broker has arranged to place cover, not that an insurer is on risk.
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