外贸函电Unit12Insurance市公开课一等奖省赛课微课金奖课件.pptx

Cargo Transportation Insurance1/34Terms involvedthe insurant/insured/assured The party that buys insurance(exporter/importer)the insurer The party undertaking to indemnify the insurant against losses or damages(PICC)the claimantThe claimant may not necessarily be the insurantthe insurance policy -The contract made between the insurer and the insured the insured amount-The amount covered against the subject matter(which is usually the amount of 110%of CIF value of the consignment)premium-The sum of money the insured agrees to pay the insurer for an insurance policy2/34Marine RisksPerils of the seaExternal/ExtraneousrisksRisksNatural calamitiesUnexpected accidents/fortuitous accidentsGeneral risksSpecial risks3/34Two types of risks Perils of the sea Natural calamities Caused by force majeure events such as heavy weather,lightening,Tsunami,earthquake,volcanic eruption,etc.Unexpected accidents/fortuitous accidentsCaused by accidents such as fire,explosion,vessel being stranded,grounded,sunk or capsized,collision,missing,etc.4/341.Theft Pilferage and Non-Delivery,T.P.N.D.；2.Rain Fresh Water Damage,F.W.R.D.；3.Risk of Shortage；4.Risk of Intermixture and Contamination；5.Risk of Leakage；6.Risk of Clash and Breakage；7.Risk of Ordor；8.Damage Caused by sweating and Heating；9.Hook Damage；10.Loss and Damage Caused by Breakage of Packing；11.Risk of Rust.General Additional RiskExternal/Extraneous Risks5/34Caused by military factors,political factors,government regulations such as war,striking,confiscation充公1.War Risks;2.Strike risks;3.Aflatoxin 黄曲霉素险黄曲霉素险;4.Failure to deliver;5.On Deck 舱面险舱面险;6.Import Duty;7.Rejection;8.Fire Risk Extension Clause,F.R.E.C.for storage of cargo at destination of HongKong,including Kowloon,or Macao.Special Additional Risks6/34Losses in Marine Cargo TransportThe losses and damages done to the goods can fall into:1.Total Loss 1)Actual Total Loss（the whole lot of the consignment has been lost or damaged or found valueless upon the arrival at the port of destination)2)Constructive Total Loss(the actual loss of the insured goods is unavoidable,or the ship or the consignment has to be abandoned because the cost of salvage or recovery would exceed the value of the ship and the consignment in sound condition upon the arrival of the port of destination.)2.Partial Loss 1)General Average(G.A.)共同海损共同海损(when both the ship and the consignments on board are engaged and the Captain,for the safety of the ship and the consignments,intentionally and reasonably does some sacrifices or makes some expenses.)2)Particular Average(P.A)单独海损单独海损(a particular consignment is partially damaged)7/34Expenses incurredTwo types of expensesSue or labor expenses(eg.施救费)When the subject matter suffers the risks within insurance coveragethe insured takes measures to avert or minimize the loss or damage to the subject matter insured.Salvage charge(救助费)A third party other than the insured takes measures to save the subject matter(“No-Cure，No-Pay”principle)8/34Different RisksThe risks:I.Basic InsuranceII.Additional Insurance a.Basic insurance:covered independently1.Free from Particular Average2.With Particular Average 3.All Risks b.Additional insurance:go with basic coverage1.General Additional Risks（AAR）2.Special Additional Risks9/3410/34Insured Amount and Insurance Premium The insured amount The formula for calculating the insured amount under CIF trade terms:Insured Amount=CIF price x(1+markup percentage)The insurance premiumThe formula for calculating the premium under CIF trade terms:Insurance Premium=insured amount x premium rate =CIF price x(1+markup percentage)x premium rate 11/34 比如，某比如，某CIF协议价值为协议价值为USD1，投保，投保一切险与战争险一切险与战争险，费率分别为，费率分别为0.6%和和0.4%，请问，请问保险金额保险金额 和保险费各多少和保险费各多少？Answer:Insured Amount:USD1 x 110%=USD13200Insurance Premium:USD 13200 x(0.6%+0.4%)=USD13212/34Insurance Documents Commonly used insurance documents in international trade:(1)Insurance policy:the mostly used insurance document.(2)Insurance certificate保保险险凭凭证证:a simplified insurance document.The certificate carries the same contents as the insurance policy except for the obligations and rights of the insurer and the insured.(3)Combined certificate联联 合合 凭凭 证证:the combination of the invoice and insurance policy,much simpler than the insurance certificate.It is not often used now.(4)Open policy预预约约保保单单:also known as open cover,the general contract between the insured(normally the importer)and the insurer,often used in import transactions in China.(5)Endorsement批批单单:After the insurance policy is issued,if the insured wants to add or change some items of the policy,the insured can,with the insurance companys consent,apply for the addition and change.The document issued to state the additional items or changes is known as endorsement,which is considered an indispensable part to the policy.13/34Example 1Certificate of InsuranceThe Central Insurance Co.,Ltd.Policy No.38716This is to certify that this company has insured on behalf of Far East Trading Co.The sum of Pounds Sterling Nine thousand Nine Hundred Only.Upon One hundred cases ladies umbrellas.At&from Macau to London.Ship or vessel:S.S.“Wing On”.Sailing on or about 10th May,.Covering All Risks.In the event of damage,to be surveyed by Olive Survey Co.and claims payable at Macau.This policy is issued in Duplicate at Macau on the 10th day of May in the year one thousand nine hundred ninety-three.The Central Insurance Co.,Ltd.(Manager)14/34Example 2Insurance Policy Issued by the Peoples Insurance Company of ChinaTHE PEOPLES INSURANCE COMPANY OF CHINAHead Office:Beijing Established in 1949INSURANCE POLICYInvoice No.387/77 Policy No.PLo1/0002834 This Policy of Insurance witnesses that the Peoples Insurance Company of China(hereinafter called“The Company),at the request of China National Light Industrial Products Imp.&Exp.Corp.,Beijing Branch,(hereinafter call the“insured”)and in consideration of the agreed premiumpaying to the Company by the Insured,undertakes to insure the under-mentioned goods in transportation subject to the conditions of this Policy as per the Clauses printed overleaf and other special clauses attached hereon._ Marks&Nos Quantity Description of Goods Amount Insured 0595 100 “DEER”brand RMB￥6,215.00 GOTHENBURG Cartons Rubber Basketball No.1-100 Ten colour 8 panels_15/34Total Amount Insured:Renminbi Six Thousand Two Hundred Fifteen Yuan Only.Premium as arranged:Rate as arranged per conveyance S.S.RED FLAGSailing on or abt:July 1st,At&from:From Xingang To GOTHENGURG Conditions:Covering All Risks and War Risks as per Ocean Marine Cargo Clauses and Ocean Marine Cargo War Risk Clauses of the Peoples Insurance Company of China dated June 20th,Claims,if any,payable on surrender of this policy together with other relevant documents.In the event of accident whereby loss or damage may result in a claim under this Policy,immediate notice applying for survey must be given to the Companys Agent as mentioned hereunder:Bechmann&Jorgensen fromChalmersgatan 940014 GothenburgP.O.Box 53064Claims payable at Gothenburg for THE PEOPLES INSURANCE CO.OF CHINA CHINA NATIONAL LIGHT INDUSTRAIL PRODUCTS IMPORT&EXPORT CORPORATION,BEIJING BRANCH_Date_ Agents16/341)In the contracts under FOB,CFR,FCA and CPT trade terms,the buyer is to arrange insurance and pay premium.In the contract regarding insurance，it can only stipulates:“To be effected by the buyers”.I Insurance Clause of the ContractIn the CIF or CIP contract,the insurance clause can stipulate：Insurance to be covered by the sellers for 110%of the total invoice value against all risks and war risks,as per Ocean Marine Cargo Clauses and Ocean Marine Cargo War Risks Clauses of the Peoples Insurance Company of China,dated 1/1 198117/34More examplesInsurance shall be effected for the amount of the sellers CIF invoice value plus 10%against W.P.A.Any additional insurance required by the buyer shall be at his own expense.The seller may insure against War Risk at the buyers request and at his expense.In case the rate of relevant insurable premium shall be raised between the time of concluding contract and that of shipment,this excess premium shall be on the buyers account.The insurance should be effected by the buyer if the contract is concluded on FOB or CFR basis.However,the seller should,immediately after the goods are completely loaded at port of shipment,fax to notify the buyer of the consignee of the contract number,name of the commodity,quantity,gross weight,measurement,invoice value and number of B/L,name of the vessel,the date of shipment,etc.In case the goods are not insured in time,owing to the sellers failure to give shipping advice timely,any and all consequent losses should be borne by the seller.18/34Exercise请注意（做到）上述货物必须在请注意（做到）上述货物必须在5 月月15日前装日前装出。保险按发票价格出。保险按发票价格150%投保综合险。我们投保综合险。我们知道按照你方普通通例你们只按发票价格加知道按照你方普通通例你们只按发票价格加10%投保，所以额外费用由我方负担。投保，所以额外费用由我方负担。Please see to it that the above mentioned goods should be shipped before the 15th of May and the goods should be covered for 150%of invoice value against All risks.We know that according to your usual practice,you insure the goods only for 10%above the invoice value,therefore the extra premium will be for our account.19/34Words and Expressions 1,000 sets electric fans110%of the invoice value All Risks and War Riska premium rate of 5 PICCinsurance oninsurance forinsurance againstinsurance atinsurance with1.cover/effect/arrange/make insurance 2.insurance搭配：搭配：E.g.We have covered insurance on your order with PICC for 110%of the invoice value against All Risks and War Risk.for 110%of the invoice valuefor 10%above the invoice valuefor the invoice value plus 10%20/34Exercise Multiple Choices 1.Please insure the goods _ F.P.A.for US$150,000.a)against b)with c)for d)at 2.Please effect insurance _ the cargo for RMB12,000,by S.S.Feng Hua,from Shanghai to New York.a)by b)at c)with d)on 3.We have opened insurance you ordered for RMB500,000 _ the shipment by S.S.East Asia.a)by b)on c)in d)of 21/34Exercise I Multiple Choices 4.We wish to renew the above policy _ the same amount and _ the same terms as before to cover our consignment to be shipped by S.S East Wind next month.a)onfor b)onon c)foron d)forfor 5.As requested,we have covered insurance _ 25,000 transistor radios _ 10%above the invoice value _ All Risks.a)onforfor b)onforagainst c)withforfor d)withforagainst 22/34Exercise:Completing the following sentences1.The goods under our Order No.AHF-1863 has been shipped on board S.S.Dongfeng sailing for your port on Oct.16._.(请自行办理相关保险请自行办理相关保险)2.Most of our customers do not want to _(对这种商品投保破碎险对这种商品投保破碎险)3.We can _(代为投保代为投保)at a little higher premium.4.Unless otherwise informed,_(请投请投保平安险和战争险保平安险和战争险)on the goods we order from you.5.We shall provide such insurance _(费用由你方负担费用由你方负担).6.Please inform us as soon as the goods are ready _(方便我们安排对应保险方便我们安排对应保险).Please arrange insurance yourselves insure the goods against breakage cover insurance on your behalf please cover insurance against FPA and War Risk at your cost so that we can arrange insurance accordingly 2323/34LETTER OF INSURANCE:Name of the commodity insuredTotal value of the commodityPort of Destination Name of the VesselKinds of Insurance24/34Structure of the Letter of Insurancekinds of business letter about insurance:1.Letter about asking the seller or buyer to cover insurancea.The exact business terms adopted;b.The exact kind of insurance requested;c.The sum of the premium.2.Letter about the type of coverage adopteda.The relevant goods and the documents No.;b.Informing the addressee the type of coverage adopted;c.Confirmation of the premium3.Letter of replying to the letter requesting excessive insurance a.The relevant goods and documents No.;b.The extra premium agreed;c.The party paying the extra premium 25/34（I.Insurance Application and Reply)Example 1Application for insurance Against Leather Goods Dear Sirs,We shall shortly be making regular shipments of leather goods to Vancouver,Canada,by approved ships and shall be glad if you will issue an A R marine insurance policy for,say,USD 70,000 to cover these shipments from our warehouse at the above address to the port of destination.All goods will be packed in wooden cases and dispatched by rail to Tianjing.Yours faithfully,26/34Example 2Application for insurance Against Leather shoesDear Sirs,Kindly issue a Marine Insurance Policy in the name of the National Trading Co.,Man Yee Building,Hong Kong.Claims payable at London Amount of Insurance required:4,000 Against the risk of All Risks&War Risk Mark,Quantity&Description of Merchandise:Leather Shoes,one hundred dozen packed in five cases,20 dozen each.NTCHONGKONGNo.1/5Marks:Voyage from Hongkong to Longdon per S.S.“Wing On”sailing on or about September 10,.Yours sincerely,27/34Example 3A Reply to the Application for Insurance Dear Sirs,Re:Your Order No.1004 for 500 Cases Toys This is to acknowledge receipt of your letter dated 20th July requesting us to effect insurance on the captioned shipment for your account.We are pleased to inform you that we have covered the above shipment with the Peoples Insurance Company of China against All Risks for 2,200.The policy is being prepared accordingly and will be forwarded to you by the end of the week together with our debit note索款通知for the premium.For your information,we are making arrangement to ship the 500 cases of toys by S.S.“Tanghong”sailing on or about the 11th of August.Yours faithfully,28/34Dear Sirs,Re:Our Order No.A135 for 1,500 pieces of SpotlightsPlease refer to our Order No.A135 for 1,500pieces of spotlights,from which you will certainly note that this order is placed on CIF basis.Now we would like to remind you to have the shipment insured in due course.Please see to it that the above-mentioned goods should be shipped before September 20 and that the shipment should be covered Clash&Breakage Risks for 130%of the invoice value.We know that according to your usual practice you insure the goods only for 10%above the invoice value;therefore the extra premium will be for our account.We sincerely hope that our request will meet with your approval and await your reply with keen interest.Sincerely yours,David Smith Letter Three-Asking Seller to Cover Insurance 29/34Dear Sirs,Re:Your L/C No.TK305We thank you for your letter of December 6 and your L/C No.TK305 for RMB25,000 issued by the Bank of Singapore,advised through the Bank of China,Hong Kong.On going through the stipulations of your credit,we regret to find that in addition to FPA and War Risk,you require insurance to cover TPND and SRCCstrike,riot and civil commotion,which were not agreed upon by both parties during our negotiations.Under the ordinary circumstance,no loss or theft of such merchandise as pendant lamps is likely to occur during transport or after arriving at its destination.Therefore,it is our practice to cover FPA for such commodity.Since you desire to have your shipment insured against TPND,we can arrange such insurance at your cost.Covering Additiona