An open cover is an agreement (not a policy) whereby the insurer will accept insurance of all shipments made by the assured, within the terms of the cover for a fixed period, usually for 12 months. Being an agreement, it is not stamped. However, stamped policies or certificates of insurance are issued against the declaration made by the assured. The open cover is of great convenience to the clients engaged in regular import/export trade.
REINSURANCE
TTIBI places reinsurance treaties of tap, the opportunities in the growing market, has recently forayed into Reinsurance Broking arena a well. With a highly experienced team, TTIBI aims to cater to the dynamic needs of its clients in India and abroad. The team is highly committed to adopt innovative approaches and work towards the best interest of the clients in procuring the right insurance cover at the right price with focused service levels. TTIBI is dedicated to its clients for the protection of their assets, liabilities and their product lines.