货物运输协议英文.docxVIP

Agreement on the Air Transportation Cargo Insurance of China Ping an insurance company Agreement No: C1209541200011 Herewith the insured Hangzhou ****** and china pingan insurance company entered into mutual agreement regarding to the air transportation of LED insurance, per as following: insured Hangzhou******1insurer：China ping an insurance Co.,LTD2insurance subject：3Mode of transportation：air transportation4conveyance：airplane5insurance clause：Air Transportation Cargo Insurance clause 6risk coverage：air transportation all risk 7additional clause：N/A8Quotas for a single time：1million USD9commencement and termination of cover ：warehouse to warehouse 10transmission range ：Hangzhou,China to buyer’s country 11packagecontainer 12Insurance amount valued：According to CIF terms13insurance premium rate ：0.06%14Deductable：1% of the insurance amount 15insurance amount estimated ：USD 20million 16insurance premium estimated ：USD1200017minimum charge for a single time：USD5.018payment mode ：monthly balance 19coverage limit：If the insurance amount exceeds USD1million for a single time or the insurance subject is out the extent of the agreement, the insured should notify the insurer in writing not less than three days before the cargo is delivered. The insurer doesn’t take any insurance responsibility unless the insurer consents in writing.22claim document ：This agreement is also needed except the documents mentioned in the clause.23subrogation Cargo losses, if according to the law or agreement, shall be beard by the consigner or the third party, the insured should first have a claim on the consigner or the third party. If the insured claim, the insurer may also give the compensation first. But the insured should transfer the rights to the insurer and help to recover the same from liable party. 24term of validity From 1st June 2012 to 31st May 201226Termination and amendment