40外贸函电unit 9 insurance

Unit9Insurance保险InstructionWhengoodshavetobeshippedtoaforeigncountry,thereisalwaystheriskthattheymaybedamaged,destroyedorstolenandmayvaryaccordingtothecountryofdestination,therouteandmethodofshipment.Tobeprotectedfromfinanciallossasaresultofthisrisk,eitherthefirmthatsellsthegoodsorthefirmthatbuysthemarrangeforinsurance.Thesellerorbuyerwillberesponsibleforarranging/coveringinsurance/coverage(险别/保险)accordingtothetradeterm.Thetraderswillchoosecoveragebasedonthenatureofthegoodsandthepossibleriskstobecoveredintransportation.ThePeople’sInsuranceCompanyofChinahasitsowninsuranceclause,knownasChinaInsuranceClause(CIC),whichisdifferentfromtheclauseofInstituteCargoClauses,London（ICC）.•(ICC指伦敦保险协会条款，不是Internationalchamberofcommerce)TheprincipalperilswhichthebasicmarinepolicyofthePICCinsuresagainstunderitsOceanMarineCargoClauseare:FreefromParticularAverage(F.P.A./FPA);WithParticularAverage(W.P.A./WPA);AllRisk.AdditionalaverageWarriskSRCC：strikes,riotsandcivilcommotionsTPND:theft,pilferage&non-deliveryrisksFreshand/orrainwaterdamagerisksShortagerisk•=RiskofshortageIntermixture&contaminationrisksLeakagerisk•=RiskofleakageClash&breakagerisksTaintofodourriskSweatingheatingrisksHookdamageriskRustrisk•=RiskofrustBreakageofpackingriskWordsandphrasescommonlyusedinforeigntradeAveragea.•1.Oftheordinaryorusualstandard一般的•Inthetradingofagriculturalproducts,FairAverageQualityisoftenemployedtoindicatethequalityofthegoods.•2.Foundbemarkinganaverage平均的•Theaverageproductioncostismuchhigherthanthemarketpriceandtheycannotsustainwithouttransformingtheirproductionmanagement.n.•1.Levelregardedasusualorordinary•Ourqualityisabovetheaverage,whereasourpriceisratherbelowtheaverage.•2.Lossordamageoccurringinseatransport•Particularaverage(单独海损)meansthataparticularconsignmentispartiallydamaged.InsureMakeacontractthatpromisetopaymoneyinthecaseofaccident,damage,loss,etc.•TheshipmentistobeinsuredagainstAllRisksandWarRisk.•ThecargoistobeinsuredwarehousetowarehouseagainstAllRisks.•WeusuallyeffectinsuranceagainstAllRisksfortheinvoicevalueplus10%forthegoodssoldonCIFbasis.•Accordingtoourusualpractice,insurance(n.)istobeeffectedfor110%oftheinvoicevalue.CoverInsure•Weregretbeingunabletocomplywithyourbuyer’srequesttocoverthegoodsagainstAllRisks.•Pleaseletusknowimmediatelywhetherwecancovermarineinsuranceelsewhereatamorereasonablerate.•Werequireimmediatecover(n.insurance)andshallbegratefulifyouwillletushavethepolicyassoonasitisready.•Wearesendingyou,underseparatecover(n.envelope),ourproductcatalogueandpricelist.UsefulexpressionTobecoveredbyXXX=tobeeffectedinsurancebyXXXAgainstXXXrisksForXXXamountAsperXXXclausesTobecoveredbyXXXagainstXXXrisksforXXXamountasperXXXclausesTobecoveredbySellersAgainstAllRisksandWarRisksfor110%oftheinvoicevalueasperCICdated1stMayofPICCTobecoveredbySellersAgainstAllRisksandBreakageRisksfor110%oftheinvoicevalueasperrelevantOceanMarineCargoClausesdated5thAugustofPICCLesson51InsuranceIntroductionTakeoutanopenpolicyAdvisethemoftheparticularsOnverygoodtermswiththemUnderwriterAhandsomepremiumThePeople’sInsuranceofChinaForourreferenceInreplytoRequestforInsurancecoverageuptotheinlandcityOnconditionthatExtrapremiumForhisaccountGrantInvoicevalueServeyourpurposeLesson52InsurancePolicyCertifyOnbehalfofThesumis…USdollarsoneHundredThousandonlySailingonoraboutCoveringallrisksIntheeventofdamageBesurveyedbyThispolicyisissued…Exercises:1.Pleaseinsure/covertheshipmenttouswithParticularAverageandagainstWarRisk.2.Pleaseinsurethegoodsfor10%aboveinvoicevalue.3.Wewillcovertheinsuranceourselveson1,000setsofsewingmachinesunderContractNo.345.4.PremiumforBreakageis…%.IfyoudesiretocoverBreakage,wecanarrangeitforyouraccount.5.Astoclaim,ourinsurancecompanywillonlyacceptthepartofloss,thatisover5%.6.PleaseletusknowwhetheryourpricecoverstheriskofTPND(Theft,PilferageandNon-delivery).7.Intheabsenceofyourdefiniteinstructions,wewillcoverinsuranceW.P.A.andWarRiskaccordingtousualpractice.8.Muchtoourregret,wecannotacceptthisclaimasyouhavenotcoveredtheriskofbreakage.Lesson53InsuranceclaimOnesideofcaseBesplitHavethecaseopenedAlocalinsurancesurveyorInthepresenceofThesurveyor’sreportShippingagent’sstatementTakethematterupforuswiththeinsurersChargetoouraccountInconnectionwiththeinsuranceclaimYourtroubleonourbehalfExercises:Whenthes.s.PrincearrivedatSingaporeon12October,itwasnoticedthat•Thereare50bagsbrokenoutoftheshipmentarrivedhere.•Thereisashortweightof500kgsintheshipmentarrived.•Thereare50bagsshortlanded.Theorderwasinvoicedas•Containing10casesofmedicine.•Including50bagsofchemicalfertilizer.•Containing30casesoftoys.Pleasearrangetosupplytheseand•Chargetoouraccount.•Sendusthedebitnote.•Drawonusatsight.Weenclose•Areportfromalocalinsurancesurveyor.•Theshippingagent’sstatement.•Theinsurancepolicyissuedbythelocalunderwriter.Weshouldbegratefulif•Youwouldtakethematterupforuswiththeinsurers.•Youwouldmakeaclaimforinsuranceonourbehalf.•Youwouldsendeightcasesofreplacementgoods.Couldyoutranslatethesentences？Ifbuye