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The insurance policy that covers exporters against commercial and political risk is.

The insurance policy that covers exporters against commercial and political risk is. Correct Answer Fire insurance

The insurance policy that covers exporters against commercial and political risk is Fire insurance. Under this policy, the insurer covers some of the buyers and in case of any event, pays an agreed percentage of an invoice.

Related Questions

Which of the following insurance products covers the exporters against losses resulting from both commercial and non-commercial (political) risks in respect of goods sold to foreign buyers on credit?
Which of the following correctly describes, what the Bancassurance is
1. It is an arrangement where by the branches of a bank sell/distribute insurance products of an insurance company.
2. It is a new product developed/launched by the banks in which the risks of the high value customers are covered for any losses to their property and/or lives through an insurance cover.
3. It is a new product launched by the banks by which they are providing insurance cover to exporters/importers for the losses, if any due to high fluctuations in the exchange rates of dollars and other major currencies.
Select the correct answer
In the question below, two statements followed by two assumptions 1 and 2 are given. You have to take every statement to be true and then understand both the assumptions together and decide which of these are implicit in the statement? Statements: In our company, the number of employees is high. That is why, I want to propose a life insurance policy for everyone, → Managing Director of the company. Assumptions: 1. It is mandatory for all companies to provide life insurance policy to their employees. 2. The insurance policy is very useful for employees and their families.
Which of the following statements are false?I. Policy decisions in an insurance organization mean decisions relating to issue of specific insurance policies.II. Policy decisions in an insurance organization mean decisions relating to different kind of plans of insurance to be offered to the public.
Which of the following statements with regard to Almond's characterisation of political system are correct? (i) All political systems have political structures. (ii) All political systems do not perform the same functions. (iii) All political systems are not multi-functional. (iv) All political systems are mixed systems in the cultural sense. Choose the correct answer from the code given below :
Statement : Exporters in the capital are alleging that commercial banks are violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international rates from January this year.

Courses of Action :
I. The officers concerned in the commercial banks are to be suspended.
II. The RBI should be asked to stop giving such directives to commercial banks.
According to a survey of business firms in a certain city, 750 firms offer their employees health insurance , 640 offer dental insurance and 280 offer health insurance and dental insurance. How many firms offer their employees health insurance or dental
Choose the correct code for the following statements being correct or incorrect. Statement I : When the two securities returns are perfectly positively correlated, the risk of their portfolio is just a weighted average of the individual risks of the securities. In such case, diversification does not provide risk reduction but only risk averaging. Statement II : Total risk of a portfolio of two risk securities can be completely eliminated when their returns are perfectly negatively correlated and their proportionate holdings in the portfolio are inversely related to the relative individual risks of the securities. 
Read the following passage and answer the item that follows. Your answers to this item should be based on the passage only. There has been a significant trend worldwide towards regionalism in government, resulting in a widespread transfer of powers downwards towards regions and communities since 1990s. This process, which involves the creation of new political entities and bodies at a sub-national level and an increase in their content and powers, is known as devolution. Devolution has been characterized as being made up of three factors-political legitimacy, decentralization of authority and decentralization of resources. Political legitimacy here means a mass demand from below for the decentralization process, which is able to create a political force for it to take place. In many cases, decentralization is initiated by the upper tier of government without sufficient political mobilization for it at the grassroots level, and in such cases the decentralization process often does not fulfill its objectives. Which among the following is the most logical, rational and critical inference that can be made from the above passage?
Match List I with List II: List I List II (A) Market risk (I) Associated with the efficiency with which a firm conducts its operations within the broader environment imposed upon it. (B) Financial risk (II) Arises due to change in operating conditions caused by conditions thrust upon the firm which are beyond its control. (C) External business risk (III) Variations in price sparked off due to real, social, political and economic events. (D) Internal business risk (IV) Associated with the capital structure of a firm. Choose the correct answer from the options given below: