国际贸易实务 双语版 课件英文Unit 6.ppt

Unit 6 Marine Cargo Insurance Learning Objectives Realize the perils and losses in ocean transport Learn the three basic insurance coverage and additional insurance coverage under C.I.C. Understand the ways of preparing the application form of insurance. Understand the ways of stipulating insurance clauses in sales contract Marine Cargo Insurance As we have previously talked about, there is usually a long distance between the seller and the buyer in international trade. No matter which mode of transport has been chosen, all kinds of risks or perils may appear and cause certain loss of or damage to the goods at each stage of their journey. In order to the financial losses, importers or exporters usually change the uncertain risks into fixed charges by effecting insurance. If any unfortunate incidents within the coverage of the insurance occurred, the insured would be with certain amount of money. Contents Section 1 There are many kinds of insurance in the society, such as life insurance, property insurance, insurance against accidental injury, diseases and so on. But, now, in this chapter, we will only focus on cargo insurance, a sort of transport insurance. Cargo insurance is a contract whereby the insurer (insurance company), on the basis of premium, undertakes to the insured against loss from certain risks or perils to which the cargo insured may be exposed. It is an of international trade. Section 1 Subject matter insured refers to the thing, item, and subject that the insurance is insured. It can be visible or invisible. Section 1 The insured is the party who is insured against losses and to whom the compensation is made. It usually refers to the owner of the goods. Section 1 The insured amount is the amount of money the insurer covers against the losses of the insured. Generally speaking, the insured amount is the