外贸函电Unit12 Insurance.ppt

CargoTransportationInsurance Termsinvolved theinsurant insured assuredThepartythatbuysinsurance exporter importer theinsurerThepartyundertakingtoindemnifytheinsurantagainstlossesordamages PICC theclaimantTheclaimantmaynotnecessarilybetheinsuranttheinsurancepolicy Thecontractmadebetweentheinsurerandtheinsuredtheinsuredamount Theamountcoveredagainstthesubjectmatter whichisusuallytheamountof110 ofCIFvalueoftheconsignment premium Thesumofmoneytheinsuredagreestopaytheinsurerforaninsurancepolicy MarineRisks Perilsofthesea External Extraneousrisks Risks Naturalcalamities Unexpectedaccidents fortuitousaccidents Generalrisks Specialrisks TwotypesofrisksPerilsoftheseaNaturalcalamitiesCausedbyforcemajeureeventssuchasheavyweather lightening Tsunami earthquake volcaniceruption etc Unexpectedaccidents fortuitousaccidentsCausedbyaccidentssuchasfire explosion vesselbeingstranded grounded sunkorcapsized collision missing etc 1 TheftPilferageandNon Delivery T P N D 2 RainFreshWaterDamage F W R D 3 RiskofShortage 4 RiskofIntermixtureandContamination 5 RiskofLeakage 6 RiskofClashandBreakage 7 RiskofOrdor 8 DamageCausedbysweatingandHeating 9 HookDamage 10 LossandDamageCausedbyBreakageofPacking 11 RiskofRust GeneralAdditionalRisk External ExtraneousRisks Causedbymilitaryfactors politicalfactors governmentregulationssuchaswar striking confiscation充公1 WarRisks 2 Strikerisks 3 Aflatoxin黄曲霉素险 4 Failuretodeliver 5 OnDeck舱面险 6 ImportDuty 7 Rejection 8 FireRiskExtensionClause F R E C forstorageofcargoatdestinationofHongKong includingKowloon orMacao SpecialAdditionalRisks LossesinMarineCargoTransport Thelossesanddamagesdonetothegoodscanfallinto 1 TotalLoss1 ActualTotalLoss thewholelotoftheconsignmenthasbeenlostordamagedorfoundvaluelessuponthearrivalattheportofdestination 2 ConstructiveTotalLoss theactuallossoftheinsuredgoodsisunavoidable ortheshiportheconsignmenthastobeabandonedbecausethecostofsalvageorrecoverywouldexceedthevalueoftheshipandtheconsignmentinsoundconditionuponthearrivaloftheportofdestination 2 PartialLoss1 GeneralAverage G A 共同海损 whenboththeshipandtheconsignmentsonboardareengagedandtheCaptain forthesafetyoftheshipandtheconsignments intentionallyandreasonablydoessomesacrificesormakessomeexpenses 2 ParticularAverage P A 单独海损 aparticularconsignmentispartiallydamaged Expensesincurred TwotypesofexpensesSueorlaborexpenses eg 施救费 Whenthesubjectmattersufferstheriskswithininsurancecoveragetheinsuredtakesmeasurestoavertorminimizethelossordamagetothesubjectmatterinsured Salvagecharge 救助费 Athirdpartyotherthantheinsuredtakesmeasurestosavethesubjectmatter No Cure No Pay principle DifferentRisksTherisks BasicInsuranceAdditionalInsurancea Basicinsurance coveredindependentlyFreefromParticularAverageWithParticularAverageAllRisksb Additionalinsurance gowithbasiccoverageGeneralAdditionalRisks AAR SpecialAdditionalRisks InsuredAmountandInsurancePremium TheinsuredamountTheformulaforcalculatingtheinsuredamountunderCIFtradeterms InsuredAmount CIFpricex 1 markuppercentage TheinsurancepremiumTheformulaforcalculatingthepremiumunderCIFtradeterms InsurancePremium insuredamountxpremiumrate CIFpricex 1 markuppercentage xpremiumrate 例如 某CIF合同价值为USD12000 投保一切险与战争险 费率分别为0 6 和0 4 请问保险金额和保险费各多少 Answer InsuredAmount USD12000 x110 USD13200InsurancePremium USD13200 x 0 6 0 4 USD132 InsuranceDocuments Commonlyusedinsurancedocumentsininternationaltrade 1 Insurancepolicy themostlyusedinsurancedocument 2 Insurancecertificate保险凭证 asimplifiedinsurancedocument Thecertificatecarriesthesamecontentsastheinsurancepolicyexceptfortheobligationsandrightsoftheinsurerandtheinsured 3 Combinedcertificate联合凭证 thecombinationoftheinvoiceandinsurancepolicy muchsimplerthantheinsurancecertificate Itisnotoftenusednow 4 Openpolicy预约保单 alsoknownasopencover thegeneralcontractbetweentheinsured normallytheimporter andtheinsurer oftenusedinimporttransactionsinChina 5 Endorsement批单 Aftertheinsurancepolicyisissued iftheinsuredwantstoaddorchangesomeitemsofthepolicy theinsuredcan withtheinsurancecompany sconsent applyfortheadditionandchange Thedocumentissuedtostatetheadditionalitemsorchangesisknownasendorsement whichisconsideredanindispensableparttothepolicy Example1CertificateofInsuranceTheCentralInsuranceCo Ltd PolicyNo 38716ThisistocertifythatthiscompanyhasinsuredonbehalfofFarEastTradingCo ThesumofPoundsSterlingNinethousandNineHundredOnly UponOnehundredcasesladiesumbrellas At fromMacautoLondon Shiporvessel S S WingOn Sailingonorabout10thMay 2004 CoveringAllRisks Intheeventofdamage tobesurveyedbyOliveSurveyCo andclaimspayableatMacau ThispolicyisissuedinDuplicateatMacauonthe10thdayofMayintheyearonethousandninehundredninety three TheCentralInsuranceCo Ltd Manager Example2InsurancePolicyIssuedbythePeople sInsuranceCompanyofChinaTHEPEOPLE SINSURANCECOMPANYOFCHINAHeadOffice BeijingEstablishedin1949INSURANCEPOLICYInvoiceNo 387 77PolicyNo PLo1 0002834ThisPolicyofInsurancewitnessesthatthePeople sInsuranceCompanyofChina hereinaftercalled TheCompany attherequestofChinaNationalLightIndustrialProductsImp Exp Corp BeijingBranch hereinaftercallthe insured andinconsiderationoftheagreedpremiumpayingtotheCompanybytheInsured undertakestoinsuretheunder mentionedgoodsintransportationsubjecttotheconditionsofthisPolicyaspertheClausesprintedoverleafandotherspecialclausesattachedhereon Marks NosQuantityDescriptionofGoodsAmountInsured0595100 DEER brandRMB 6 215 00GOTHENBURGCartonsRubberBasketballNo 1 100Tencolour8panels TotalAmountInsured RenminbiSixThousandTwoHundredFifteenYuanOnly Premiumasarranged RateasarrangedperconveyanceS S REDFLAGSailingonorabt July1st 2001At from FromXingangToGOTHENGURGConditions CoveringAllRisksandWarRisksasperOceanMarineCargoClausesandOceanMarineCargoWarRiskClausesofthePeople sInsuranceCompanyofChinadatedJune20th 2001Claims ifany payableonsurrenderofthispolicytogetherwithotherrelevantdocuments IntheeventofaccidentwherebylossordamagemayresultinaclaimunderthisPolicy immediatenoticeapplyingforsurveymustbegiventotheCompany sAgentasmentionedhereunder Bechmann JorgensenfromChalmersgatan940014GothenburgP O Box53064ClaimspayableatGothenburgforTHEPEOPLE SINSURANCECO OFCHINACHINANATIONALLIGHTINDUSTRAILPRODUCTSIMPORT EXPORTCORPORATION BEIJINGBRANCH Date Agents 1 InthecontractsunderFOB CFR FCAandCPTtradeterms thebuyeristoarrangeinsuranceandpaypremium Inthecontractregardinginsurance itcanonlystipulates Tobeeffectedbythebuyers IInsuranceClauseoftheContract IntheCIForCIPcontract theinsuranceclausecanstipulate Insurancetobecoveredbythesellersfor110 ofthetotalinvoicevalueagainstallrisksandwarrisks asperOceanMarineCargoClausesandOceanMarineCargoWarRisksClausesofthePeople sInsuranceCompanyofChina dated1 11981 Moreexamples Insuranceshallbeeffectedfortheamountoftheseller sCIFinvoicevalueplus10 againstW P A Anyadditionalinsurancerequiredbythebuyershallbeathisownexpense ThesellermayinsureagainstWarRiskatthebuyer srequestandathisexpense Incasetherateofrelevantinsurablepremiumshallberaisedbetweenthetimeofconcludingcontractandthatofshipment thisexcesspremiumshallbeonthebuyer saccount TheinsuranceshouldbeeffectedbythebuyerifthecontractisconcludedonFOBorCFRbasis However thesellershould immediatelyafterthegoodsarecompletelyloadedatportofshipment faxtonotifythebuyeroftheconsigneeofthecontractnumber nameofthecommodity quantity grossweight measurement invoicevalueandnumberofB L nameofthevessel thedateofshipment etc Incasethegoodsarenotinsuredintime owingtotheseller sfailuretogiveshippingadvicetimely anyandallconsequentlossesshouldbebornebytheseller Exercise 请注意 做到 上述货物必须在5月15日前装出 保险按发票价格的150 投保综合险 我们知道按照你方一般惯例你们只按发票价格加10 投保 因此额外费用由我方负担 Pleaseseetoitthattheabovementionedgoodsshouldbeshippedbeforethe15thofMayandthegoodsshouldbecoveredfor150 ofinvoicevalueagainstAllrisks Weknowthataccordingtoyourusualpractice youinsurethegoodsonlyfor10 abovetheinvoicevalue thereforetheextrapremiumwillbeforouraccount WordsandExpressions 1 000setselectricfans110 oftheinvoicevalueAllRisksandWarRiskapremiumrateof5 PICC insuranceoninsuranceforinsuranceagainstinsuranceatinsurancewith 1 cover effect arrange makeinsurance2 insurance搭配 E g WehavecoveredinsuranceonyourorderwithPICCfor110 oftheinvoicevalueagainstAllRisksandWarRisk for110 oftheinvoicevaluefor10 abovetheinvoicevaluefortheinvoicevalueplus10 ExerciseMultipleChoices 1 Pleaseinsurethegoods F P A forUS 150 000 a againstb withc ford at2 Pleaseeffectinsurance thecargoforRMB12 000 byS S FengHua fromShanghaitoNewYork a byb atc withd on3 WehaveopenedinsuranceyouorderedforRMB500 000 theshipmentbyS S EastAsia a byb onc ind of ExerciseIMultipleChoices 4 Wewishtorenewtheabovepolicy thesameamountand thesametermsasbeforetocoverourconsignmenttobeshippedbyS SEastWindnextmonth a on forb on onc for ond for for5 Asrequested wehavecoveredinsurance 25 000transistorradios 10 abovetheinvoicevalue AllRisks a on for forb on for againstc with for ford with for against 23 Exercise Completingthefollowingsentences 1 ThegoodsunderourOrderNo AHF 1863hasbeenshippedonboardS S DongfengsailingforyourportonOct 16 请自行办理有关保险 2 Mostofourcustomersdonotwantto 对这种商品投保破碎险 3 Wecan 代为投保 atalittlehigherpremium 4 Unlessotherwiseinformed 请投保平安险和战争险 onthegoodsweorderfromyou 5 Weshallprovidesuchinsurance 费用由你方负担 6 Pleaseinformusassoonasthegoodsareready 以便我们安排相应的保险 Pleasearrangeinsuranceyourselves insurethegoodsagainstbreakage coverinsuranceonyourbehalf pleasecoverinsuranceagainstFPAandWarRisk atyourcost sothatwecanarrangeinsuranceaccordingly LETTEROFINSURANCE NameofthecommodityinsuredTotalvalueofthecommodityPortofDestinationNameoftheVesselKindsofInsurance StructureoftheLetterofInsurancekindsofbusinessletteraboutinsurance 1 Letteraboutaskingthesellerorbuyertocoverinsurancea Theexactbusinesstermsadopted b Theexactkindofinsurancerequested c Thesumofthepremium 2 Letteraboutthetypeofcoverageadopteda TherelevantgoodsandthedocumentsNo b Informingtheaddresseethetypeofcoverageadopted c Confirmationofthepremium3 Letterofreplyingtotheletterrequestingexcessiveinsurancea TherelevantgoodsanddocumentsNo b Theextrapremiumagreed c Thepartypayingtheextrapremium I InsuranceApplicationandReply Example1ApplicationforinsuranceAgainstLeatherGoodsDearSirs WeshallshortlybemakingregularshipmentsofleathergoodstoVancouver Canada byapprovedshipsandshallbegladifyouwillissueanARmarineinsurancepolicyfor say USD70 000tocovertheseshipmentsfromourwarehouseattheaboveaddresstotheportofdestination AllgoodswillbepackedinwoodencasesanddispatchedbyrailtoTianjing Yoursfaithfully Example2ApplicationforinsuranceAgainstLeathershoesDearSirs KindlyissueaMarineInsurancePolicyinthenameoftheNationalTradingCo ManYeeBuilding HongKong ClaimspayableatLondonAmountofInsurancerequired 4 000AgainsttheriskofAllRisks WarRiskMark Quantity DescriptionofMerchandise LeatherShoes onehundreddozenpackedinfivecases 20dozeneach NTCHONGKONGNo 1 5 Marks VoyagefromHongkongtoLongdonperS S WingOn sailingonoraboutSeptember10 2008 Yourssincerely Example3AReplytotheApplicationforInsuranceDearSirs Re YourOrderNo 1004for500CasesToysThisistoacknowledgereceiptofyourletterdated20thJulyrequestingustoeffectinsuranceonthecaptionedshipmentforyouraccount WearepleasedtoinformyouthatwehavecoveredtheaboveshipmentwiththePeople sInsuranceCompanyofChinaagainstAllRisksfor 2 200 Thepolicyisbeingpreparedaccordinglyandwillbeforwardedtoyoubytheendoftheweektogetherwithourdebitnote索款通知forthepremium Foryourinformation wearemakingarrangementtoshipthe500casesoftoysbyS S Tanghong sailingonoraboutthe11thofAugust Yoursfaithfully DearSirs Re OurOrderNo A135for1 500piecesofSpotlightsPleaserefertoourOrderNo A135for1 500piecesofspotlights fromwhichyouwillcertainlynotethatthisorderisplacedonCIFbasis Nowwewouldliketoremindyoutohavetheshipmentinsuredinduecourse Pleaseseetoitthattheabove mentionedgoodsshouldbeshippedbeforeSeptember20andthattheshipmentshouldbecoveredClashthereforetheextrapremiumwillbeforouraccount Wesincerelyhopethatourrequestwillmeetwithyourapprovalandawaityourreplywithkeeninterest Sincerelyyours DavidSmith LetterThree AskingSellertoCoverInsurance DearSirs Re YourL CNo TK305WethankyouforyourletterofDecember6andyourL CNo TK305forRMB25 000issuedbytheBankofSingapore advisedthroughtheBankofChina HongKong Ongoingthroughthestipulationsofyourcredit weregrettofindthatinadditiontoFPAandWarRisk yourequireinsurancetocoverTPNDandSRCCstrike riotandcivilcommotion whichwerenotagreeduponbybothpartiesduringournegotiations Undertheordinarycircumstance nolossortheftofsuchmerchandiseaspendantlampsislikelytooccurduringtransportorafterarrivingatitsdestination Therefore itisourpracticetocoverFPAforsuchcommodity SinceyoudesiretohaveyourshipmentinsuredagainstTPND wecanarrangesuchinsuranceatyourcost CoveringAdditionalInsuranceforBuyer WithregardtoSRCC wewishtostatethatthePeople sInsuranceCompanyofChina fromnowon acceptsthisspecialcoverageandisincompliancewiththeusualinternationalpractice WehopeyouwillseeyourwaytoarrangewithyourbankforanamendmenttoyourL Ctoincreasetheamountinordertocovertheextrapremiumunderadvicetous Weassureyouthatassoonasyouramendmentreachesus weshall ofcourse makethenecessaryarran