进出口实务与操作(英文版)chapter-5-Insurance精课件

Chapter5

InsuranceChapter5

InsuranceLearningObjectivesTounderstandthefunctionsofinsuranceininternationalsaletransactionsTograspmaintypesofinsuranceTohaveagoodknowledgeofdifferenttypesofinsurancepoliciesTounderstandtherelationshipsofthepartiesinvolvedininsurancecontractLearningObjectivesTounderstaStructureoftheChapterSectionOne:FunctionsofInsuranceSectionTwo:BasicPrinciplesofInsuranceSectionThree:TypesofRisks,LossesandExpensesSectionFour:MainTypesofInsuranceSectionFive:TypesofInsurancePoliciesSectionSix:TheInsuranceContract

StructureoftheChapterSectioSection1Provideprotectionagainstfuturerisks,accidentsanduncertainty.Adevicetosharethefinanciallossofafewamongmanyothers.PromoteexportsSection1ProvideprotectionagSection2Insurableinterest:theassuredmusthaveaninsurableinterestinthesubjectmatterinsuredatthetimeoftheloss.Utmostgoodfaith:Ifanyfraudordeceptionisdiscovered,theotherpartyhastherighttoavoidthecontractandasksforcompensation.Thisconceptincludes:1)disclosure2)representation3)warrantyPrincipleofindemnity:theinsuredcannotrecovermorethanhisorheractuallossfromtheinsurer.Section2Insurableinterest:t进出口实务与操作(英文版)chapter-5-Insurance[精]课件进出口实务与操作(英文版)chapter-5-Insurance[精]课件Section3externalrisks:1)generalexternalrisks:theftandpilferage,contamination,leakage,breakage,sweatingand/orheating,taintofodor,rusting,hookdamage,freshand/orrainwaterdamage,short-deliveryandnon-delivery,shortageinweight,clashingandsoon2)specialexternalrisks:war,strikeandfailuretodeliveryduetosomespeciallawsorregulations.Section3externalrisks:1)gSection3Typesofloss:totalloss,partialloss1)Totalloss:actualtotalloss:Thereisanactualtotallossofgoodswhentheyaredestroyed,orsodamagedastoceasetobethethinginsured,orwheretheassuredisirretrievablydeprivedofthem.Section3Typesofloss:totalSection3constructivetotalloss:Goodsmaybestillinexistencebutmustbeconsideredfromacommercialpointofviewasbeingtotallylosteitherbecauseanactuallossappearsinevitableorbecauseitwouldonlybepossibletosavethematacostgreaterthantheirvalueafterbeingsaved.Section3constructivetotalSection32)partialloss:generalaveragelossparticularchargesparticularaveragelossSection32)partialloss:geneSection4MaintypesofinsuranceBasiccoverage:1)FPA:(FreefromParticularAverage)isalimitedformofcargoinsurancecoverageunderwhichnopartiallossordamageisrecoverable.2)WPA:(WithParticularAverage),awidercoverthanFPA.Itprovidesextensivecoveragainstalllossordamageduetomarineperilsthroughoutthedurationofthepolicy.Section4MaintypesofinsuranSection43)AllRisks:themostcomprehensiveofthethreebasiccoverageunderwhichtheinsurerisresponsibleforalltotalorpartiallossof,ordamagetothegoodsinsuredeitherarisingfromseaperilsorgeneralexternalcauses.Section43)AllRisks:themoSection4Additionalcoverage1)Generaladditionalrisks:TPND(Theft,PilferageandNon-delivery),FreshWaterRainDamage,Riskofstorage,RiskofIntermixtureandContamination,RiskofLeakage,RiskofClashandBreakage,RiskofOdor,DamagecausedbyHeatingandSweating,HookDamage,RiskofRust,BreakageofPacking,etc.Section4AdditionalcoverageSection42)Specialadditionalrisks:WarRisk,StrikeRisks,FailuretodeliveryRisk,ImportDutyrisk,RejectionRisk,etc.Section42)SpecialadditionalSection4Mainexclusionsoftheinsurer’sliability

LossordamageattributabletowillfulmisconductoftheassuredOrdinaryleakage,lossofweightorwearandtearDefectsinpacking.Inherentviceornatureofthecargo.Delay.Insolvencyoffinancialdefaultofcarriersetc.Section4MainexclusionsofthSection4Nuclearweaponsofallkinds.Thisexclusionisseparatefromthenormalwarexclusionsbecausesuchweaponscreateariskoflossordamagefarbeyondanywarzone.Unseaworthinessiftheassuredorhisservantsareprivytoit.Iftheyarenot,theinsurerswaivetheirrightsunderthewarrantyofseaworthinessimpliedinthecontractbytheMarineInsuranceAct.Arrest,restraintanddetention.Section4NuclearweaponsofalSection5Valuedpolicy:apolicywhichspecifiestheagreedvaluedofthesubjectmatterinsuredUnvaluedPolicy:anunvaluedpolicystatesmerelythemaximumlimitofthesuminsuredandleavestheinsurablevaluetobeascertainedsubsequently.Voyagepolicy:UnderavoyagepolicythesubjectmatterisinsuredintransitfromonepointtoanotherSection5Valuedpolicy:apoliSection5Timepolicy:Underatimepolicythesubjectmatterisinsuredforafixedtime.MixedPolicy:Underamixedpolicythesubjectmatterisinsuredbothforaparticularjourneyandacertainperiodoftime.FloatingPolicy:Thefloatingpolicylaysdownthegeneralconditionsofinsurance,butnottheparticularsoftheindividualconsignmentsintendedtobecovered.Section5Timepolicy:UnderaSection5Opencover:anothermethodofeffectinggeneralinsuranceforrecurringshipments,thedetailsofwhichareunknownwhentheinsuranceistakenout.Blanketpolicy:usuallyprovidesthattheassuredneednotadvisetheinsureroftheindividualshipmentsandthatalumpsumpremium—insteadofapremiumatseveralrates—shallcoverallshipments.ThePeriodofCoverSection5Opencover:anothermSection6

Theassured,theinsurerandthebrokerSampleofinsurancepolicySection6Theassured,theinsChapter5

InsuranceChapter5

InsuranceLearningObjectivesTounderstandthefunctionsofinsuranceininternationalsaletransactionsTograspmaintypesofinsuranceTohaveagoodknowledgeofdifferenttypesofinsurancepoliciesTounderstandtherelationshipsofthepartiesinvolvedininsurancecontractLearningObjectivesTounderstaStructureoftheChapterSectionOne:FunctionsofInsuranceSectionTwo:BasicPrinciplesofInsuranceSectionThree:TypesofRisks,LossesandExpensesSectionFour:MainTypesofInsuranceSectionFive:TypesofInsurancePoliciesSectionSix:TheInsuranceContract

StructureoftheChapterSectioSection1Provideprotectionagainstfuturerisks,accidentsanduncertainty.Adevicetosharethefinanciallossofafewamongmanyothers.PromoteexportsSection1ProvideprotectionagSection2Insurableinterest:theassuredmusthaveaninsurableinterestinthesubjectmatterinsuredatthetimeoftheloss.Utmostgoodfaith:Ifanyfraudordeceptionisdiscovered,theotherpartyhastherighttoavoidthecontractandasksforcompensation.Thisconceptincludes:1)disclosure2)representation3)warrantyPrincipleofindemnity:theinsuredcannotrecovermorethanhisorheractuallossfromtheinsurer.Section2Insurableinterest:t进出口实务与操作(英文版)chapter-5-Insurance[精]课件进出口实务与操作(英文版)chapter-5-Insurance[精]课件Section3externalrisks:1)generalexternalrisks:theftandpilferage,contamination,leakage,breakage,sweatingand/orheating,taintofodor,rusting,hookdamage,freshand/orrainwaterdamage,short-deliveryandnon-delivery,shortageinweight,clashingandsoon2)specialexternalrisks:war,strikeandfailuretodeliveryduetosomespeciallawsorregulations.Section3externalrisks:1)gSection3Typesofloss:totalloss,partialloss1)Totalloss:actualtotalloss:Thereisanactualtotallossofgoodswhentheyaredestroyed,orsodamagedastoceasetobethethinginsured,orwheretheassuredisirretrievablydeprivedofthem.Section3Typesofloss:totalSection3constructivetotalloss:Goodsmaybestillinexistencebutmustbeconsideredfromacommercialpointofviewasbeingtotallylosteitherbecauseanactuallossappearsinevitableorbecauseitwouldonlybepossibletosavethematacostgreaterthantheirvalueafterbeingsaved.Section3constructivetotalSection32)partialloss:generalaveragelossparticularchargesparticularaveragelossSection32)partialloss:geneSection4MaintypesofinsuranceBasiccoverage:1)FPA:(FreefromParticularAverage)isalimitedformofcargoinsurancecoverageunderwhichnopartiallossordamageisrecoverable.2)WPA:(WithParticularAverage),awidercoverthanFPA.Itprovidesextensivecoveragainstalllossordamageduetomarineperilsthroughoutthedurationofthepolicy.Section4MaintypesofinsuranSection43)AllRisks:themostcomprehensiveofthethreebasiccoverageunderwhichtheinsurerisresponsibleforalltotalorpartiallossof,ordamagetothegoodsinsuredeitherarisingfromseaperilsorgeneralexternalcauses.Section43)AllRisks:themoSection4Additionalcoverage1)Generaladditionalrisks:TPND(Theft,PilferageandNon-delivery),FreshWaterRainDamage,Riskofstorage,RiskofIntermixtureandContamination,RiskofLeakage,RiskofClashandBreakage,RiskofOdor,DamagecausedbyHeatingandSweating,HookDamage,RiskofRust,BreakageofPacking,etc.Section4AdditionalcoverageSection42)Specialadditionalrisks:WarRisk,StrikeRisks,FailuretodeliveryRisk,ImportDutyrisk,RejectionRisk,etc.Section42)SpecialadditionalSection4Mainexclusionsoftheinsurer’sliability

LossordamageattributabletowillfulmisconductoftheassuredOrdinaryleakage,lossofweightorwearandtearDefectsinpacking.Inherentviceornatureofthecargo.Delay.Insolvencyoffinancialdefaultofcarriersetc.Section4MainexclusionsofthSection4Nuclearweaponsofallkinds.Thisexclusionisseparatefromthenormalwarexclusionsbecausesuchweaponscreateariskoflossordamagefarbeyondanywarzone.Unseaworthinessiftheassuredorhisservantsareprivytoit.Iftheyarenot,theinsurerswaivetheirrightsunderthewarrantyofseaworthinessimpliedinthecontractbytheMarineInsuranceAct.Arrest,restraintanddetention.Section4NuclearweaponsofalSection5Valuedpolicy:apolicywhichspecifiestheagreedvaluedofthesubjectmatterinsuredUnvaluedPolicy:anunvaluedpolicysta