Could the exporter receive claim payment under an export policy covering CIF shipment?
Depending on the merits of a case an exporter could definitely have the right to claim, as an ‘unpaid vendor’. There could also be cases when the importer who is the rightful claimant desires that the claim be settled with the exporter so that the latter could make early/immediate replacement. In such cases, claim payment to the exporter could be considered against an ‘NOC’ from the importer.
