Terms of Payment 外贸英语函电课件.ppt

Unit Ten Terms of Payment Unit Eleven Packing Unit Twelve insurance Unit Thirteen shipment enter into: become involved in sth. basic risks general additional risks special additional risks the insurer insurance company underwriter insurance agent the insured underwrite: technical if an insurance company underwrites an insurance contract, it agrees to pay for any damage or loss that happens Discretion FORMAL the right or ability to decide something; the ability and right to decide exactly what should be done in a particular situation Students can be expelled at the discretion of the headteacher (= if the headteacher decides it).at somebodys discretion (=according to someones decision) The awards are made at the discretion of the committee. Promotions are left to the discretion of the supervisor. insure (something/somebody) against loss/damage/theft/sickness etc It is wise to insure your property against storm damage. insure something for ￡1000/$2000 etc You should insure the painting for at least ￡100,000. insurance if your insurance covers you or your possessions, it promises to pay you money if you have an accident, something is stolen etc: Most policies cover accidental damage to pipes. The treatment wasnt covered by her healthcare insurance. cover somebody against/for something Are we covered for theft? Our car insurance covers us up to $250,000 for personal injury. Does your travel insurance cover you against/for the loss or theft of cash? effect insurance on the shipment/goods with insurance company against all risks for 110% of the invoice value to insure with an insurance company * * provide for something/somebody 1. formal if a law, rule, or plan provides for something, it states that something will be done and makes it possible for