“ ” “ ” Section I Business Negotiation Learning Objectives Following are the goals for this unit. Read them and consider your personal goals. 1. To learn about three basic insurance coverage of marine insurance. 2. To learn about general and special additional risks. 3. To learn about insurance policy and insurance certificate. 4. To understand and be able to use words and expressions related to the topic of insurance. 5. To practice writing letters on insurance. Notes on Useful Terms 1. insurance n. 保险 insurance agent 保险代理人 insurance certificate 保险凭证 insurance coverage保险范围 insurance policy 保险单 insurance amount保额 insurance premium 保险费 与insurance 搭配表示投保常用的几种表示法: to arrange\cover\effect\provide\take out insurance on (goods\order\contract) against (risk ) for (amount ) with (insurer) e.g. cover insurance WPA 保水渍险 cover insurance FPA 保平安险 cover insurance against all risks 保一切险 cover insurance against war risk\rain and fresh water\TPND\breakage\leakage We have covered insurance on the 400 cases of medical instrument for 110% of the invoice value against all risks with PICC. Notes on Useful Terms 2. PICC (People’s Insurance Company of China) 中国人民保险公司 3. open policy 预约保险单 4. risk n. 危险,风险 在保险业务中Principle Risks基本险,包括: FPA (Free from Particular Average) 平安险 WPA (With Particular Average) 水渍险 All Risks 一切险/综合险 risk v. 冒……的危险 We do not wish to risk missing the only steamer available this month. risky adj. 冒险的,危险的 Buyers consider it too risky to buy large quantities at present. Notes on Useful Terms 5.premium n. 保险费 premium rate 保险费率 The risk is coverable at a premium of 2%. Since the premium varies with the extent of insurance, the extra premium is for buyer’s account, should additional risks be covered. 6. cover v. 保险,投保,(宾语可为货物/险别/被保险人和insurance) We shall cover insurance WPA (FPA). We shall cover all risks for you. We shall cover the goods against all risks. The insurance policy covers us
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