保险险别 Insurance Coverage

1、Insurance Coverage lInternational cargo transportation insurance lInsurance Coverage The definition of international cargo transportation insurance International cargo transportation insurance refers to the insurance which regards the goods in the process of foreign trade transportation as the insur

2、ance object. The ways of foreign trade includes ocean transportation, land transportation, air transportation and postal delivery etc. Correspondingly, international cargo transportation insurance is divided into four categories as follows ocean marine cargo insurance overland transportation cargo i

3、nsurance air transportation cargo insurance parcel post insuranceOcean marine cargo insurance coverage According to CIC, ocean marine cargo insurance in china can be classified into basic insurance and additional insurance in terms of if it can be insured alone. Basic insurance can be insured alone,

4、 but additional insurance can not.Introduction of the insurance coverage of marine cargo transportBasic risks additional risks responsibilities and time limit of insurance the exclusion of basic coverage F.P.AW.P.AAll risks General additional risks Special additional risksBasic insurances The follow

5、ing three kinds of insurance all contain basic insurances, and the insured can choose anyone of them.l F.P.A ( free from particular average )lW.P.A (with particular average )lAll risks 平安险承保范围 The risks covered in FPA coverage basically means that only total or constructive total loss of the whole c

6、onsignment of cargo but no partial loss or damage is recoverable from the insurer resulting from natural calamities, such as heavy weather, lighting, tsunami, earthquake and flood. FPA also covers general average and salvage charges, reasonable costs incurred by the assured in salvaging the goods or

7、 averting or minimizing a loss recoverable under the policy.水渍险承保范围 WA/WPA provides larger cover than FPA since partial loss and damage is recoverable from the insurer resulting from natural calamities.一切险承包范围 The responsibilities of All Risks: Except the responsibilities covered in FPA and WPA, ALL

8、 Risks is also responsible for total loss or partial loss which is brought by some general foreign element in the process of transportation.2. Additional insurancesl T.P.N.D ( theft, pilferage and non-delivery )偷窃提货不着险l F.W.R.D( fresh water rain damage)淡水雨淋险l Risk of Shortage 短量险l Risk of Intermixtu

9、re & Contamination l Risk of Leakage 渗漏险l Risk of Clash & Breakage 碰损破碎险 Hook Damage钩损险l Risk of Odour l Damage caused by heating & Sweating l Hook Damagel Loss for damage by breakage of packing l Risk of Rust The 11 kinds of additional insurances can not be underwritten alone, and they

10、must be subordinated to the main insurance. Also, they can be covered in All Risks.3. Special extraneous risks Special extraneous risks can be involved in Additional Risks but not All Risks. In most cases, it is related to the risks in clauses of politics and Administrative control of a state. Curre

11、ntly, the special extraneous risks insured by Peoples Insurance Company of China involved:Failure to Delivery Risks Import Duty Risk Aflatoxin Risk Fire Risk Extension Clause for Storage of Cargo at Destination Hong Kong, Including Kowloon, or MacaoWar Risk Strikes Risk ICC Clause ICC(A) All Risks I

12、CC(B) WPA ICC(C) FPA Institute War Clause - Cargo Institute Strikes Clause - Cargo Malicious Damage ClauseOverland transportation cargo insurance coverage Overland transportation cargo basic insurances contain Overland Transportation Risks and Overland Transportation All Risks. In additional, Overla

13、nd Transportation Insurance Frozen Products also can be involved in basic insurances.Air transportation cargo insurance coverage Air transportation cargo insurance involves two types: Air Transportation Risks and Air Transportation All Risks. And the commencement and termination of cover adopt the w

14、arehouse-to-warehouse clause that is commonly used in international insurance. Parcel post insurance coverageThe basic insurances of Parcel post include Parcel Post Risks and Parcel Post All Risks. Considering that parcel post may be transported by sea, land, and air transportation, insurance cover

15、are insured in these three transporting conditions. 条款表述 1、Insurance: To covered by the Seller for % of total invoice value against and as per and subject to the relevant ocean marine cargo clause of the Peoples Insurance Company of China, dated 保险由卖方按发票金额的XX%投保XX险和XX险，以中国人民保险公司 X 年 X 月X 日的有关海洋运输货物保

16、险条款为准。 2.Insurance: To be covered by the Seller for 110% of total invoice value against All Risks and War Risks. 由卖方按发票金额的110%投保一切险和战争险。 3.Insurance: To be covered by the Seller on behalf of the Buyer for 130% of CIF invoice value against with Particular Average, as per Ocean Marine Cargo Clauses of the Peoples Insurance Company of China, dated 1981.1.1, Premium to be for Buy