9[1][1]. Insurance(1).doc

Exercises of Cargo Transport InsuranceI. Fill in the English equivalents to the following terms: 1. 投保人 2. 共同海损 3. 投保金额 4. 求救费用 5. 外来风险 6. 保险单 7. 推定全损 8. 海上风险 9. 施救费用 10. 意外事故 11. 承保人 12. 单独海损13. Ocean marine 14. war risk 15. with particular average 16. Reimburse17. TPND 18. Insurance premium19. free from particular average 20. warehouse to warehouse21. sweat and heating 22. C.I.C 23. intermixture and contamination 24. fresh water and/or rain damage 25. franchiseII. Judge whether the following statements are true or false:1. Insurance policy is the contract made between the insurer and the insured.2. Hooking, theft, taint of odor, breakage, damping are fortuitous risks.3. Boat sinking, boat striking upon icebergs, explosion are extraneous risks.4. Under constructive total losses, the insured can ask the insurer to cover all the losses.5. When a ship goes aground, its captain asks another ship to come and tow it. He has paid for the towage. The payment is a kind of General Average.6. Salvage charges are made by anyone who has done something to salvage the ship.7. If you want to cover the partial losses arising from vile weather and the losses arising from hook damage, you need to effect WPA and all risks at the same time.8. Ocean marine cargo insurance does not cover the losses caused by the ships.9. Ocean marine cargo insurance takes effect immediately when the goods are loaded on board the ship.10. Ocean marine cargo insurance terminates immediately when the goods are unloaded from the ship.III. What insurance ( FPA/ WPA/ All Risks) should be effected to cover the following risks?1. Partial loss caused by the stranding, or sinking upon rocks, or icebergs. 2. Partial loss caused by fire and explosion.3. Partial or total caused by fire, explosion, or cargo dropping into the ocean during loading and unloading.4. Loss caused by general average, salvage charges, and sue and labor expenses. 5. Partial loss caused by vile weather.6. Loss caused by theft.7. Loss caused by breakage of packing. 8. Loss caused by rust.9. Loss caused by rejection of cargoes y the importing customers.10. Loss caused by cargo dropping into the ocean during transit because the cargoes are loaded on deck.IV. Translate the following sentences into Chinese:1. Marine insurance covering All Risks, War Risk, and S.R.C.C. for full CIF. Value shall be effected by the seller and shall be covered up to buyers store in Manila.2. Any additional premium for insurance coverage over 110% of the invoice amount, if so required, shall be borne by the buyer and be added to the invoice amount, for which the L/C shall stipulate accordingly.3. Any additional premium for insurance coverage over 110% of the invoice amount, if so required, shall be borne by the buyer and be added to the invoice amount, for which the L/C shall stipulate accordingly.4. L/C must bear the following clause: “If War Risk premium is higher than 0.1%, beneficiary is authorized to draw the difference in excess of L/C amount, or to exempt from such insurance.”5. If the damages or losses done to the goods are caused by the perils covered by the insurer, the consignor should send the documents to the insurer for claim settlement.V. Fill in the blanks with proper prepositions given: Insurance is different from _(1)_ gambling, because the gambler desires the event to occur _(2)_ which he gambles. He stands to gain if it does so. In insurance no one desires the event to occur; if it does so, the insured person receives an indemnity _(3)_ the loss sustained. It is customary to insure goods sold for export _(4)_ the perils of the journey. In international trade, the transportation of good from the seller to the buyer is generally _(5)_ a long distance by air, by land or by sea and has to go _(6)_ the procedures of loading, unloading and storing. _(7)_ this process it is quite possible that the goods will encounter various kinds of perils and sometimes suffer losses. In order to protect the goods _(8)_ possible loss in case of such perils, the buyer or seller _(9)_ the transportation of the goods usually applies to an insurance company _(10)_ insurance covering the goods in transit. (1) a. to b. from c. of d. in (2) a. in b. by c. on d. from (3) a. for b. with c. of d. within (4) a. for b. against c. beyond d. before (5) a. by b. across c. in d. over (6) a. through b. into c. to d. over (7) a. With b. From c. During d. Under (8) a. from b. for c. of d. against (9) a. after b. in c. before d. during (10) a. in b. for c. on d. underKey to Exercises of Cargo Transport InsuranceI. Fill in the English equivalents to the following terms:1. 投保人 ( insured) 2. 共同海损(general average)3. 投保金额 (insured amount) 4. 求救费用 (salvage charge) 5. 外来风险 (extraneous risks) 6. 保险单 (insurance policy) 7. 推定全损 (constructive total loss) 8. 海上风险 (perils of the sea) 9. 施救费用 (sue and labor charge) 10. 意外事故 (fortuitous accidents) 11. 承保人 (insurer) 12. 单独海损 particular average)13. Ocean marine insurance 海上货物运输险 14. war risk 战争险15. with particular average 水渍险 16. Reimburse 赔付17. TPND 偷窃、提货不着险 18. Insurance premium 保险费19. free from particular average 平安险 20. warehouse to warehouse 仓至仓条款21. sweat and heating 受热受潮险 22. C.I.C 中国保险条款 23. intermixture and contamination 24. fresh water and/or rain damage 淡水雨淋险25. franchise 免赔率II. Judge whether the following statements are true or false: 1. T 2. F 3. F. 4. T 5. T 6. F 7. F. 8. F 9. F 10. FIII. What insurance ( FPA/ WPA/ All Risks) should be effected to cover the following risks?1. Partial loss caused by the stranding, or sinking upon rocks, or icebergs. （FPA）2. Partial loss caused by fire and explosion. (FPA)3. Partial or total caused by fire, explosion, or cargo dropping into the ocean during loading and unloading. (FPA)4. Loss caused by general average, salvage charges, and sue and labor expenses. (FPA)5. Partial loss caused by vile weather. (WPA)6. Loss caused by theft. (ALL Risks)7. Loss caused by breakage of packing. (ALL Risks)8. Loss caused by rust. (ALL Risks)9. Loss caused by rejection of cargoes y the importing customers. (ALL Risks)10. Loss caused by cargo dropping into the ocean during transit because the cargoes are loaded on deck. (ALL Risks)IV. Translate the following sentences into Chinese:1. 海运保险由卖方按CIF 全额投保一切险、战争险与罢工、暴乱和工潮险。保险直至货物抵达买方在马尼拉的仓库。2. 如需对比发票金额的110%保险金额更高扫的金额投保，则因此而增加的保险费由买方承担。发票金额因此增加， 信用证须相应订明。3. 战争险的保险费以保险金额恶0.1% 来计算， 签订合同后， 如保险费高于0.1%， 额外保费由买方负担。 如无法投保战争险， 卖方无须购买此险。4. 信用证必须载明下列条款： 如战争险的保费高于保险金额的0.1%， 受益人有权支取超出信用证金额的余款， 或免于投此保险。5. 如造成货物损害或灭失的风险在保险承保范围之内， 发货人应将有关的证明文件递交保险人要求赔偿。V. Fill in the blanks with proper prepositions given: Insurance is different from _(1)_ gambling, because the gambler desires the event to occur _(2)_ which he gambles. He stands to gain if it does so. In insurance no one desires the event to occur; if it does so, the insured person receives an indemnity _(3)_ the loss sustained. It is customary to insure goods sold for export _(4)_ the perils of the journey. In international trade, the transportation of good from the seller to the buyer is generally _(5)_ a long distance by air,