Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Whats the advantage of a Free Trade Zone policy?

advantage Free policy Trade zone
0
Posted

Whats the advantage of a Free Trade Zone policy?

0

• Ans: The Free Trade Zone’s exemption from filing requirements allows insurance companies to respond quickly to requests for coverage, and to tailor the policy language to the particular needs of the buyer. Although the policy and rates are not reviewed by the Insurance Department, they must meet the standards of the law and regulations that apply to all policies.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.