Import factor and Insurance: Difference between pages

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imported>Doug Williamson
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An import factor is a term used in the [[two factor system]] of [[international factoring]].
A contract designed to provide protection against specified types of risk or loss, by paying out to the insured party in the event that the insured loss occurs.
Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance.


The import factor is the one involved in the buyer's country.


 
== See also ==
==See also==
* [[Captive insurance company]]
* [[International factoring]]
* [[Chartered Insurance Institute]]
* [[Export factor]]
* [[Fixing instrument]]
* [[Correspondent factor]]
* [[ILS]]
* [[Insurable]]
* [[Insurance risk]]
* [[Insure]]
* [[Option]]
* [[Premium]]
* [[Risk]]
* [[Underwriting]]

Revision as of 09:44, 30 May 2015

A contract designed to provide protection against specified types of risk or loss, by paying out to the insured party in the event that the insured loss occurs.

Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance.


See also