| English term or phrase: bond/trading credit | The section that this phrase has been taken from is about limits to underwriting authority, and I am wondering what it might refer to/what it means. Thanks for any suggestions! Cheers, Lisa
No authorization is provided for Workmen’s Compensation, ***Bond/Trading Credit***, Automobile, Marine Hull or other classes not mentioned above. The Underwriting Authority applies to newly signed contracts, increase of insured amount, change of coverage as well as to renewals of existing contracts including automatic renewal policies. |
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