Correspondence_9__Insurance

1、2021-6-151Chapter IXInsurance保险保险2021-6-152InsuranceTeaching ObjectivesnTo know the definition of insurancenTo know the relevant information of insurance nTo master the vocabulary and useful sentences2021-6-153Useful Knowledge nInsurance here mainly refers to marine cargo transportation insurance. n

2、In insurance business, the insured (or insurant) is one who pays the insurance company for the coverage of risks of the cargo.nThe insurer is the insurance company that agrees to make payment in case of loss or damage occurred to the insured.nThe insured and the insurer are bound by a contract known

3、 as the insurance policy.nThe sum of money the insured pays to the insurer for the coverage of risks of the cargo is called premium.投保人投保人承保人承保人保险单保险单保险费保险费2021-6-154Useful Knowledge nTwo kinds of marine cargo insurance 1.Peril of the Sea(海上风险；海难海上风险；海难) : Under the perils of the sea are natural cal

4、amities, such as vile weather, thunder, lightning, tidal wave, earthquake, etc. classified under force majeure, and fortuitous accidents, such as ship stranded, striking upon the rocks, ship sinking, fire, explosion, etc. 2.Extraneous Risks(外来风险外来风险) : These risks are caused by theft, rain, shortage

5、, leakage, dampness, war, strikes, etc. 2021-6-155Useful Knowledge nTwo types of total loss(全部损失全部损失) :1. The actual total loss(实际全损实际全损) refers to the total loss or the damage of the insured goods so that they become entirely valueless. 2. Under the constructive total loss(推定全损推定全损) , the actual to

6、tal loss of the insured goods is unavoidable, or the cost of salvage or recovery and continual transport of the damaged goods would exceed the value of the goods in sound condition at the port of destination.2021-6-156Useful Knowledge nTwo kinds of Partial loss (部分损失部分损失) ： 1. General average (G.A.

7、共同海损共同海损) 2. Particular average (P.A. 单独海损单独海损)2021-6-157Useful KnowledgeThe ocean cargo clauses under the China Insurance Clauses include three basic insurance covers. 1. Free from Particular Average (F.P.A.) 平安险平安险 2. With Average (W.A) or With Particular Average (W.P.A.) 水渍险水渍险 3. All Risks (A.R.

8、) 一切险一切险 82021-6-15Useful KnowledgenAdditional Extra Risks Clause 1. General extra risks (一般附加险一般附加险): Theft, Pilferage & Non-Delivery Risks (T.P.N.D. 偷窃提货不着险偷窃提货不着险), Fresh and/or Rain Water Damage (F.W.R.D.淡水雨淋淡水雨淋), Leakage Risk(渗漏险渗漏险), Risk of Shortage(短量险短量险), Intermixture and Contamination Ri

9、sk(混杂玷污险混杂玷污险), Clash and Breakage Risks(碰损破碎险碰损破碎险), Hook Damage(钩损险钩损险), Odour Risk(串味险串味险), Breakage of Packing Risk (包装破包装破裂裂) , Sweating & Heating Damage(受潮受热险受潮受热险), Rust Risk (锈损险锈损险) 2. Special extra risks (特殊附加险特殊附加险): War Risk(战争险战争险), Strikes Risk(罢工险罢工险), Failure to Delivery Risk(交货不到交货不

10、到险险), Import Duty Risk(进口关税险进口关税险), On Deck Risk(舱面舱面险险), Rejection Risk(拒收险拒收险), Aflatoxin Risk(黄曲霉素险黄曲霉素险) (指黄豆等农产品可能感染的一种病毒指黄豆等农产品可能感染的一种病毒 导致全损导致全损)-2021-6-159基基本本险险平安险平安险F.P.A (Free From Particular Average)水渍险水渍险W.P.A (With Particular Average)一切险一切险All Risks附附加加险险一一般般 附附加加险险偷窃，提货不着险偷窃，提货不着险T.P.

11、N.D. (Theft, Pilferage & Non-delivery)淡水雨淋险淡水雨淋险F.W.R.D. (Fresh Water &/or Rain Damage)短量险短量险 (Risk of Shortage)混杂，玷污险混杂，玷污险 (Risk of Intermixture and Contamination)渗漏险渗漏险 (Risk of Leakage)碰损，破碎险碰损，破碎险 (Risk of Clash and Breakage)钩损险钩损险 (Hook Damage)受潮受热险受潮受热险 (Damage Caused by Sweating and Heating)

12、包装破裂险包装破裂险 (Breakage of Packing)串味险串味险 (Risk of Odour)锈损险锈损险 (Risk of Rust)特特殊殊附附加加险险战争险战争险 (War Risk)罢工险罢工险 (Strikes Risk)交货不到险交货不到险 (Failure to Delivery)进口关税险进口关税险 (Import Duty Risk)舱面险舱面险 (On Deck Risk)拒收险拒收险 (Rejection Risk)黄曲霉素险黄曲霉素险 (Aflatoxin Risk)2021-6-1510Useful Knowledge nCommonly used in

13、surance clauses 1. Institute Cargo Clauses (I.C.C) by the Institute of London Underwriters 英国伦敦保险协会制订的英国伦敦保险协会制订的“协会货物条款协会货物条款” 2. China Insurance Clauses (C.I.C) by the Peoples Insurance Company of China. 中国人民保险公司制订的中国人民保险公司制订的“中国保险条款中国保险条款” 2021-6-1511Words and Expressionsninsurant, the insured 被保

14、险人，受保人被保险人，受保人ninsurer 保险人保险人; underwriters 保险商，保险承运人保险商，保险承运人ninsurance broker 保险经纪人保险经纪人ninsurance amount 保险金额保险金额npremium 保险费保险费ninsurance policy 保险单保险单ninsurance certificate 保险凭证保险凭证nopen policy 预约保险单预约保险单ninsurance coverage, risks covered 保险范围保险范围ninsurance clause 保险条款保险条款ninsurance claim 保险索赔保

15、险索赔2021-6-1512Sample Letters Sample Letter a Enquiry1. cover (1) vt. 保险，投保保险，投保nWe wish to cover the goods against All Risks. nInsurance is to be covered by the buyers. nThis insurance policy has covered us against All Risks and War Risk. nWe usually cover 110% of the invoice value. (2) n. = insuran

16、ce cover 保险保险 nWe have arranged the necessary insurance cover. nDoes your policy provide adequate cover against breakage?2021-6-1513Sample Letters Sample Letter a EnquiryCoverage n. 保险范围；承保险别（总称）；保险范围；承保险别（总称）；nWe are afraid that WPA coverage is too narrow for a shipment of this nature. Please exten

17、d the coverage to include TPND. nRegarding insurance, the coverage is for 110% of the invoice value up to the port of destination only.2021-6-1514Words and Expressions nPICCn110% of the invoice value n1,000 sets electric fansna premium of 5 nAll Risks and War Riskninsurance onninsurance forninsuranc

18、e againstninsurance atninsurance with1. cover / effect / arrange / make / take out insurance 投保，办理保险投保，办理保险2. insurance搭配：搭配：E.g. We have covered insurance on your order with PICC for 110% of the invoice value against All Risks and War Risk.2021-6-1515Words and Expressions ninsurance on + goods 保险的标

19、的物保险的标的物 E.g. insurance on 1,000 sets electric fansninsurance for + amount 保险金额保险金额 E.g. insurance for 110% of the invoice value ninsurance against + risks 保险险别保险险别 E.g. insurance against All Risks and War Riskninsurance at + premium rate 保险费保险费 E.g. insurance at a premium of 5 ninsurance with + ins

20、urance company 保险公司保险公司 E.g. insurance with PICCE.g. We have covered insurance on your order with PICC for 110% of the invoice value against All Risks and War Risk.2021-6-1516Words and Expressions E.g. We have covered insurance on your order with PICC for 110% of the invoice value against All Risks

21、and War Risk.nfor 110% of the invoice valuenfor 10% above the invoice valuenfor the invoice value plus 10%2021-6-1517Sample Letters Samplen请注意（做到）上述货物必须在请注意（做到）上述货物必须在5 月月15日前装出。保险日前装出。保险按发票价格的按发票价格的150%投保综合险。我们知道按照你方一投保综合险。我们知道按照你方一般惯例你们只按发票价格加般惯例你们只按发票价格加10%投保，因此额外费用由投保，因此额外费用由我方负担。我方负担。nPlease se

22、e to it that the above mentioned goods should be shipped before the 15th of May and the goods should be covered for 150% of invoice value against All risks. We know that according to your usual practice, you insure the goods only for 10% above the invoice value, therefore the extra premium will be f

23、or our account.2021-6-1518Exercise I Multiple Choices 1. Please insure the goods _ F.P.A. for US$150,000. a) against b) with c) for d) at 2. Please effect insurance _ the cargo for RMB12,000, by S.S. Feng Hua, from Shanghai to New York. a) by b) at c) with d) on 3. We have opened insurance you order

24、ed for RMB500,000 _ the shipment by S.S. East Asia. a) by b) on c) in d) of 2021-6-1519Exercise I Multiple Choices 4. We wish to renew the above policy _ the same amount and _ the same terms as before to cover our consignment to be shipped by S.S East Wind next month. a) onfor b) onon c) foron d) fo

25、rfor 5. The cargo is _ warehouse to warehouse _ All Risks. a) inuringby b) being insuredby c) to be insuredagainst d) to insureagainst 6. As requested, we have covered insurance _ 25,000 transistor radios _ 10% above the invoice value _ All Risks. a) onforfor b) onforagainst c) withforfor d) withfor

26、against 2021-6-1520Exercise I Multiple Choices 7. I regret to report the loss of the whole shipment _ you under the above policy. a) insured with b) to be insured with c) insuring for d) being insured at 8. We have _ surveyor to investigate the extent of the damage and shall forward his report toget

27、her with our claim. a) demanded for b) been demanded by c) arranged for d) been arranged by21Exercise II Completing the following sentences in English 1. The goods under our Order No. AHF-1863 has been shipped on board S.S. Dongfeng sailing for your port on Oct. 16. _. (请自行办理有关保险请自行办理有关保险)2. Most of

28、 our customers do not want to _ (对这种商品投保破碎险对这种商品投保破碎险)3. We can _ (代为投保代为投保) at a little higher premium.4. Unless otherwise informed, _ (请投请投保平安险和战争险保平安险和战争险)on the goods we order from you.5. We shall provide such insurance _(费用由你方负担费用由你方负担).6. Please inform us as soon as the goods are ready _ (以便我们

29、安排相应的保险以便我们安排相应的保险).Please arrange insurance yourselves insure the goods against breakage cover insurance on your behalf please cover insurance against FPA and War Risk at your cost so that we can arrange insurance accordingly 2021-6-1522Exercise III Put the following sentences into English or Chine

30、se1. 请向中国人民保险公司为这批货物投保金额为请向中国人民保险公司为这批货物投保金额为25,000美元的美元的水渍险。水渍险。 Please cover insurance on this shipment against W.P.A. for the amount of USD 25,000 with PICC.2. 我们可以投保其他附加险，但是额外的保险费应由买方承我们可以投保其他附加险，但是额外的保险费应由买方承担。担。 We can cover other additional risks, but the extra premium will be for the buyers

31、account.3. 我们的惯例是按发票金额的我们的惯例是按发票金额的110%为这类货物投保一切险。为这类货物投保一切险。 Its our usual practice to cover the goods against All Risks for 110% of the invoice value.2021-6-1523Exercise III Put the following sentences into English or Chinese4. 你方可为我们的货物投保什么险你方可为我们的货物投保什么险? What coverage can you provide for our co

32、nsignment?5. 我们很遗憾得知你方货物在途中严重受损，保险公司将我们很遗憾得知你方货物在途中严重受损，保险公司将按照保险险别赔偿损失。按照保险险别赔偿损失。 We are sorry to learn that your goods were badly damaged during transit and the insurance company will compensate you for the losses according to the coverage arranged.2021-6-1524Exercise III Put the following sentences into Eng