商务英语综合教程上册课件刘玉玲主编 ISBN9787810789844Unit 14 Insurance.ppt

Unit Fourteen Introduction Exporters and importers face all the time uncertainties of loss of their goods. Insurance is used to protect their financial interests against such risks and actual losses. Without adequate insurance and protection of those goods in transit, international trade will be negatively affected. Text 1 The daily news often carries reports like these: “Floods have caused widespread damage in parts of the United States.” “The crime rate in the United States, especially that of burglary and theft, is on the increase.” “Injuries due to home accidents account for many serious losses.” “The number of jobless Americans rises due to a lack of work.” “An airline crash kills 278 passengers.” “Fire has damaged a neighborhood of expensive homes.” “Local teenager is killed in a head-on collision.” have been taken from a common fund raised for that purpose. Let’s assume that in this case some 2,000 people each put up $100. There would be a fund of $200,000 from which $10,000 could be drawn to cover Mr. Brink’s loss. You cannot predict ahead of time who will have to use the fund. If this were to happen, it is possible that a larger amount of money would have to be paid into the fund. 9 Anyone may buy insurance who has a financial interest in life or property. If you would suffer a financial loss because of the death or injury of the person to be insured, or from loss or damage to property, you are considered to have an insurable interest. This means that to buy insurance you must prove that risk insured against would cause you financial loss if it were to happen. 10 Insurance on our homes, our automobiles, and our lives protects us against some of the most common risks to which we are exposed. There are many other dangers that we face, however, and insurance can be purchased against most of the possible risks. Over 180 million people, for example, have some form of health insurance to help