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As part of Ex-Imbank's export credit insurance programs, a(an) ____ policy is generally issued to an...

As part of Ex-Imbank's export credit insurance programs, a(an) ____ policy is generally issued to an administrator, such as a bank, trading company, insurance broker, or government agency, who then administers the policy for multiple exporters.

multiple-buyer

single-buyer

small business

umbrella

Solutions

Expert Solution

The correct answer is Umbrella

Umbrella policy is issued to the administrator and it helps to protect the insured in case the damages exceeded the limit of the insurance.

jeff jeffy answered 2 years ago
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