Sarah
Thank you for your letter of 1 November, quoting us for 500 metric tons of wheat, Your quotation is for CIF terms, We regret to say that we prefer to have your quotation and offers on C&F terms.
Our position is that we have taken out an open policy with Lloyds of London.
Under the policy, when a shipment is made, all we have to do is to advise them of the particulars. We are on good terms with our underwriters and consequently receive premium rebates at regular intervals.
We would, however, be interested to know the scope of cover handled by your usual insurance company for our reference.
We look forward to hearing from you.
Brave
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