BSAL definition
Examples of BSAL in a sentence
If at the time of dispatch, the buyer or the Buyer’s country is one which is excluded from the purview of cover in pursuance of any of the provisions contained in the Policy (such as being in BSAL or RCC etc), unless we have agreed otherwise in writing.
As regards exclusion of an Insured Buyer, it may be placed on the website of the Insurer under the ‘List of Buyers who have come to the adverse notice of the Insurer’ commonly referred to as Buyers Specific Approval List (BSAL) and as regards exclusion of a Country, it may be placed under the list of ‘Restricted Cover Category (RCC)’ of Countries.
The SLL shall be subject to the conditions specified in the Schedule including that the buyer is not in the list of buyers who have come to the adverse notice of ECGC commonly referred to as ‘Buyers Specific Approval List (BSAL) and/or not in a country classified as Restricted Cover Category (RCC), which are available on our website and Insured is required to access it by obtaining an User ID and password from us.