These questions relate to the Foreign Credit Insurance Association. a. Describe the different risks covered by FCIA.

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These questions relate to the Foreign Credit Insurance Association.
a. Describe the different risks covered by FCIA. Why does the FCIA require coinsurance?

b. What factors affect the insurance premium charged by the FCIA?

c. Describe the basic features of a typical FCIA short-term policy.

d. Describe the basic features of a typical FCIA medium-term policy.

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