insurance..pptVIP

insurance Introduction Insurance is very closely related to foreign trade. In international trade, the transportation of goods from the seller to the buyer is generally over a long distance by air, by land or by sea and has to go through the procedures of loading, unloading and storing. During 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 against loss in case of such perils, the buyer or the seller before the transportation of the goods usually applied to an insurance company for insurance