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Objective
After studying this unit, you should be able to:
1. Explain the meaning of credit risk;
2. Describe various types of policies issued by ECGC;
3. Explain the principles of ECGC operation;
4. Describe the procedure of taking a policy;
5. Explain the procedure for making a claim; and
6. Explain the financial guarantee provided by ECGC
? OVERSEAS INSURANCE ? LIVE STOCK INSURANCE ? GLASS INSURANCE ? FIDELITY INSURANCE ? KEY MAN INSURANCE
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Export of computer Software : Export of Computer Software in physical form is done on GRPP forms. Export of computer software in non-physical form should be declared on SOFTEX fo
FINANCIAL GUARANTEES: Exporters require adequate financial support from banks to carry out their export contracts; ECGC's guarantees protect the banks from losses on account of th
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