外贸函电英语课件chapter9.ppt

Chapter 9 Insurance Contents Insurance Terms Risks of Sea Transportation Losses of Sea Transportation Expenses Types of Insurance Coverage Letters on Covering Insurance Insurance Terms Insurance Policy The Insurer The Insured Insured Amount/ Value (投保金额) It is usually the amount of 110% of CIF value of the insured goods. Premium (保险费) The sum of money the insured agrees to pay the insurer for an insurance policy is the premium. Risks of Sea Transportation Perils of the Sea (海上风险) Perils of the Sea External Risks (外来风险) External Risks Perils of the Sea Natural Calamities: disasters caused by the forces of nature Disasters such as bad weather, thunder and lightning, tsunami, earthquake, floods, etc. Accidents: the events happened unexpectedly Accidents such as ship stranding, striking upon the rocks, ship sinking, ship collision, colliding with icebergs, fire, explosion, ship missing, etc. Risks of Sea Transportation External Risks General External Risks Theft, rain, shortage, contamination, leakage, breakage, rusting, taint of odor, dampness, heating, etc. Special External Risks War, strike and refusal to receive goods, etc. Losses of Sea Transportation According to the degree of the loss: Total Loss 全部损失 It refers to the whole lot of the goods has been lost or damaged or found valueless upon arrival at the port of destination. It can be classified into actual total loss (实际全损) and constructive total loss (推定全损). 幻灯片 8 Partial Loss 部分损失 Partial loss refers to the loss of part of goods. Losses of Sea Transportation Actual total loss refers to the total loss of goods when the property (属性/特性) is completely lost and of no commercial value. Losses of Sea Transportation Constructive total loss means the loss where an actual total loss appears to be unavoidable or the cost of repairing the goods together with the shipping cost to the destination exceed their value on arrival. Losses of Sea Transportation Losses of Sea Transportation According to the nature of t