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objectiveafter studying this unit you should be

Objective

After studying this unit, you should be able to:

1. Explain the meaning of credit risk;

2. Describe various types of policies issued by ECGC;

3. Explain the principles of ECGC operation;

4. Describe the procedure of taking a policy;

5. Explain the procedure for making a claim; and

6. Explain the financial guarantee provided by ECGC

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