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Unit 19 Insurance Business Reading Grammar Listening Speaking Practice Exercises Homework Unit 19 Insurance Business Reading (1) Self-studying Activity 1. Why is insurance needed in international business? Answer 2. When should insurance be applied to an insurance company? Answer Read the text within 5 minutes with three Pre-reading Questions: 3. Who should make arrangements for insurance? Answer 2. Before goods are shipped. 1. In international business, the transportation of the goods from the seller to the buyer is usually over a long distance and has to go through the procedures of loading, unloading, and storing. This process involves various risks which may result in the damage or loss of the goods, and thus the inconveniences or even financial losses to both the seller and the buyer. Business Reading 3. Arrangements for insurance may be made by either the buyer or the seller, in accordance with the terms of sale. Write “ T” for true, “ F” for false according to the text. ( ) 1. Foreign trade is an important part of insurance. ( ) 2. In international business, the transportation of the goods from the buyer to the seller is usually over a long distance. ( ) 3. Risks may occur during the procedure of loading. ( ) 4. If the buyer or the seller didn’t cover the goods, inconveniences or even financial losses might happen. ( ) 5. Insurance often takes place after the goods are shipped. ( ) 6. Should any loss or damage occur, the insurance company would agree to pay the insured a stated premium. (2) Finding faults Business Reading F T F T F F (3)Filling Game Business Reading 1. Would you please ___________ on the goods against All Risks? 2. The letter was ___________ three days by the train accident. 3. Please let us have your catalogue ___________ your products. 4. The ____________ is caused by rough handling in transit. 5. ____________ weve alread
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