Unit 11 Insurance.pptVIP

Unit 11 Insurance Point for attention: As far as foreign trade is concerned, there are various kinds of risks which can be covered under an insurance policy, such as : (一) usual risks : F.P.A.（free from particular average） W.A.OR W.P.A .(with (particular) average ) A.R( all risks) (二)general additional risks : T.P.N.D. (theft, pilferage non- delivery) R.F.W.D.( rain fresh water damage ) Shortage risk:短量险 Intermixture Contamination risks混杂玷污 Leakage risks :渗漏险 Clash Breakage Risks:碰损破碎险 Taint of Odor Risks :串味险 Sweating Heating Damage:受潮受热险 Hook Damage Risk:钩损险 Rust Risk:锈损险 Breakage of Packing Risk 包装破裂险 The purpose of insurance is to provide compensation for those who suffer loss or damage. A contract of insurance ,which is generally made in the form of an insurance policy( certificate ),is one between the insurer and the insured . There are many insurance companies in the world .Lioyd’s is a famous organization incorporated in London in 1871. The PICC( People’s Insurance Company of China) established in 1949,is the sole state-owned insurance company in China. ) The PICC( People’s Insurance Company of China) has its own insurance clauses ,known as CIC (China Insurance Clauses), which is different from the ICC( Institute Cargo Clauses) For CIF transactions, we usually effect insurance for 110%of the invoice value against …(risks) as per Ocean Marine Cargo Clauses of the PICC Dated 1 August,1981.sometimes ,buyers may request insurance to cover more than 110%. In such circumstance , the extra premium will be for buyer’s account. Unit 11 Insurance Letter 1 1. We wish to refer you to our Order No.1004 for 500 cases of toys ,from which you will see that this order is placed on a CFR basis. Insure v. 保险，投保 insurance n. Please insure the goods against all risks and war risk. 在insurance之前,与其搭配的动词有 Cover insurance Arrange insurance Effect insurance Provide insurance Take out insurance insurance后介词的用法： 1.表示所保的货物，后接 on，如： insurance on the 100