Insurance
Li Shumin
(11)
Review--packing
Pp.217
Insurance —background info
In international trade, goods traveling
long distances to another country,
out of the direct physical control of
both the buyer and the seller, may
face all kinds of risks or losses and
therefore must be insured against
loss or damage at each stage of
their journey. Cargo insurance is an
indispensable adjunct of
international trade.
Main types of Insurance
1. FPA (Free from Particular Average) covers total
losses and general average emerging from the
actual “marine perils” like vessel being stranded,
grounded or sunk. 平安险
2. WPA (With Particular Average) covers all loss or
damage due to marine perils throughout the
duration of the policy. 水渍险
3. All Risks is the most comprehensive of the
three basic coverages. Covers all total or partial
loss of or damage to the goods insured.
Excludes damages caused by delay, inherent
nature of goods insured, or special external
risks of war, strike, etc. 一切险
4. Extraneous Risks 附加险
Insurance —useful expressions
Insurance agent 保险代理人
Insurance amount 保险额
Insurance certificate 保险凭证
Insurance claim 保险索赔
Insurance coverage 保险范围
Insurance policy 保险单
Insurance premium 保险费
underwriter 保险公司
Marine insurance 海险
overland insurance 陆运保险
To arrange/ cover/ effect/ take out
insurance/ to insure 投保
Patterns
What do your insurance clauses cover?你们的保险
条款中有哪些险别?
There are three basic covers, namely, FPA, WPA,
and All Risks. 主要条款有平安险、水渍险、和综合险3
种。
What coverage will you take out? 你们打算投保哪些
险别？
We generally insure our export shipments with
the People’s Insurance Company of China. 我们通
常向中国人民保险公司投保我们的出口货物。
The scope of cover is written in the basic policy
form and the clauses for different coverage.保险范
围写在基本保险单和各种险别的条款里。
Patterns
As a rule, the extra premium involved will
be for buyer’s account. 按常规，额外保险费
应由买方负责。
According to the usual practice
(conventions) in international trade special
risks are not covered unless the buyer
asks for them. 根据国际贸易中的惯例，只有买
方要求时才保特殊险。
If you desire us to insure against a special
risk, an extra premium will have to be
charged. 如你方想投保特殊险别，将向你方收
取额外保费。
Practice
Listening and exercises on pp.154--
168