保险险别 Insurance Coverage.ppt

Insurance Coverage International cargo transportation insurance Insurance 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 insurance 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 insurance air transportation cargo insurance parcel post insurance Ocean 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, but additional insurance can not. Basic insurances The following three kinds of insurance all contain basic insurances, and the insured can choose anyone of them. F.P.A ( free from particular average ) W.P.A (with particular average ) All 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 consignment 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 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?Risks?is?also?responsible?for?total? loss?or?partial?loss?which?is?brought?b