Lecture 10.insurance

单击此处编辑母版标题样式,单击此处编辑母版文本样式,第二级,第三级,第四级,第五级,*,Lecture 10,Insurance,Insurance:,provides a pool of fund into which the many contribute and out of which the few who suffer loss are compensated.,Insurance has become a vast subject and now enters into almost every activity of man. The idea of insurance is to obtain some indemnity in the event of any happenings that cause loss of money.,Insurance is against risk.,Chief branches of insurance:,1. Fire,2. Accident,3. Life,4.,Marine,In international trade, the transportation of goods from the seller to the buyer is generally over a long distance by air, by land or by sea and has to go through the procedures of loading, unloading and storing.,During this process it is quite possible that the goods will encounter various kinds of perils and sometimes suffer losses.,In order to protect the goods against possible loss in case of such perils, the buyer or seller before the transportation of the goods usually applies to an insurance company for insurance covering the good in transit.,What is PICC?,The Peoples Insurance Company of China takes care of the countrys insurance. It is a state-run insurance company who protects the interests of the insuredChinese and foreign importers and exporters and helps in the,development of our countrys foreign trade.,When was it founded?,1949,What is Lloyds?,Lloyds is the worlds leading insurance market providing specialist insurance services to businesses in over 200* countries and territories. In 2008, 75* syndicates are underwriting insurance at Lloyds.,劳埃德保险公司英国劳埃德保险公司是当今世界保险业中信誉最高、名气最大、资金最雄厚、利润最多的一家大保险公司，它成立于,1680,年，迄今已有,300,多年的历史,.,拥有,2.6,万多个成员的企业联合体。由,430,个辛迪加组织组成。,Types of Perils and Losses,Kinds of Perils,1. Perils of the Sea (,海上风险）,- Natural Calamities: vile weather, thunder and lightning, earthquake, floods, etc.,- Fortuitous Accidents: ship stranded, ship sinking,collision, etc),2. Extraneous Risks(,外来风险）,: theft, rain, shortage, leakage, breakage, etc.,They may include special risks, such as war risks and strikes, etc.,Kinds of Losses(,损失）,:,1. Total Loss:,Actual Total Loss (,实际全损）,Constructive Total Loss,（推定全损）,Partial Loss,General Average,（共同海损）,Particular Average,（单独海损）,Insurance Cover:,- Free from Particular Average (F.P.A.),平安险,- With Average or With Particular average (W.A or W. P. A),水渍险,- All Risks (A.R.),一切险,The Warehouse to Warehouse Clause(,仓对仓条款）,:,It means that marine insurance cover is extended to land risks incidental to the sea voyage. It covers the landing risks in the port of destination as part of the transit from the warehouse of the seller to that of the buyer.,Insurance Value:,=cost of goods + amount of freight + insurance premium + percentage of a reasonable profit for the buyer,- to cover basic risks at 110 percent of the invoice value.,- to cover insurance on these goods for 10% above the invoice value against All Risks.,3. Letter Writing Requirements:,Sample 1:,Dear Sirs,We have received your letter of 22nd November asking us to arrange All Risks cover for a consignment of blankets to New York by,m.s,.,Bandao,.,Our rates for providing the required cover, including loading and discharging are 8%, less 5% special discount. Please inform us if our rates are acceptable so that we may prepare the policy in time,Yours faithfully,Dear Sirs,The terms you quoted, namely 8%, less 5% special discount for our consignment of blankets to New York by sea are acceptable.,Please arrange All Risks cover in the sum of USD10,000. Kindly send the policy, and one certified copy, not later than 30th and charge the cost to the account of our branch office in New York.,Yours faithfully,4. Useful Sentences:,1). We can serve you with a broad range of coverage against all kinks of risks for sea transport.,我公司可以承保海洋运输的所有险别。,2). Generally speaking, aviation insurance is much cheaper than marine insurance.,空运保险一般要比海运保险便宜。,3). An F.P.A. policy only covers you against total loss in the case of minor perils.,平安险只有在发生较小危险时才给保全部损失险。,4). The F.P.A. doesnt cover partial loss of the nature of particular average.,平安险不包括单独海损性质的部分损失。,5). Wed like? to cover the porcelain ware against All Risks.,我们想为这批瓷器投保综合险。,6). Ill have the goods covered against Free from Particular Average.,我将为货物投保平安险。,7). The cover paid for will vary according to the type of goods and the circumstances.,保险费用按照货物类别的具体情况会有所不同。,8). The underwriters are responsible for the claim as far as it is within the scope of cover.,只要是在保险责任范围内，保险公司就应负责赔偿。,9). The loss in question was beyond the coverage granted by us.,损失不包括在我方承保的范围内。,10). The extent of insurance is stipulated in the basic policy form and in the various risk clause.,保险的范围写在基本保险单和各种险别的条款里。,