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This endorsement provides additional risk coverage at the pre-shipment stage for exporters under the Multi Buyer Exposure Policy, addressing various insured and excluded risks.

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What is pre-shipment risk cover endorsement?

Pre-shipment risk cover endorsement is an insurance mechanism that protects exporters against risks associated with shipping goods before ownership is transferred to the buyer.

Who is required to file pre-shipment risk cover endorsement?

Exporters who wish to obtain risk coverage for their shipments are required to file a pre-shipment risk cover endorsement.

How to fill out pre-shipment risk cover endorsement?

To fill out a pre-shipment risk cover endorsement, exporters must provide details such as the nature of the goods, shipping dates, insurance values, and recipient information on the designated form.

What is the purpose of pre-shipment risk cover endorsement?

The purpose of pre-shipment risk cover endorsement is to provide financial protection to exporters against potential losses or damages that may occur during the transportation of goods prior to shipment.

What information must be reported on pre-shipment risk cover endorsement?

The information that must be reported includes the description of goods, value of goods, shipping and consignee details, and the terms of sale.

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