【文章內(nèi)容簡(jiǎn)介】 e usually stipulated by adopting the customary Warehouse to Warehouse Clause, W/W. By the W/W clause, the liability of the insurer is extended to cover preshipment and postshipment risk. The insured goods are covered from the time when they leave the warehouse at the place named in the policy for the mencement of the transit and continue to be covered until they are delivered to the final warehouse at the destination named in the policy, but the policy provides an overriding time limit of 60 days after the pletion of discharge of the insured goods from the seagoing vessel at the final fort of discharge. On the expiration of that time limit of 60 days the cover ceases to protect the goods even though they have not reached the final warehouse. Insurance of Land, Air and Parcel Post TransportOverland Transport Cargo InsuranceOverland Transport Insurance Overland Transport All RisksOverland Transport Cargo War RisksAir Transport InsuranceParcel Post InsuranceParcel Post Risks Parcel Post All RisksParcel Post War RisksAir Transport Insurance Air Transport All RisksAir Transport Cargo War RisksUnder CIC, PICC sets overland, air transport and parcel post insurance respectively according to various means of transport.Insurance Practice of International TradeIn the case of a CIF contract, the exporter will effect insurance immediately after receiving the letter of credit from the buyer. For insurance, he will prepare necessary documents and fill in an Application for Insurance. Insurance shall be effected before shipment is made or before the consignment is delivered to the carrier. In the case of an FOB or CFR contract, the buyer will effect insurance and open policy would be preferred to avoid failure of insurance. Attention is paid to the following points in effecting insurance: 1. Whether the insurance coverage is under C. . or I. C. C(Institute Cargo Clauses,倫敦保險(xiǎn)協(xié)會(huì) Institute of London Underwriters制定的海運(yùn)貨物保 險(xiǎn)條款） . 2. What type of coverage is required, for example, F. . or W. P. A. 3. Whether the insured amount is 110% of the invoice amount or more than that. 4. Whether insurance is in effect before the date of shipment, 5. The currency of the insurance shall be the same as the invoice currency to avoid foreign exchange exposure.1) Who is going to arrange the insurance under the following price terms CIF, FOB and CFR? 2) Choose the Insurance Coverage The following factors should be taken into account for adopting insurance coverage : 1) The characteristics of the cargo。 2) The packing of the cargo。 3) The mode of transport。4) The line and port of transport。 5) The season of transport。6) Possible losses and damages in transit.What insurance cover would you choose for the following products?1) shoes 2) Logs of wood. 3) Wooden toys. 4) Heavy machinery 5) Plywood 6) Bicycles Probably, you will give the following answers (1), (3), (4) and (6) would probably be insured against All Risks because they are prone to be damaged in transit. Most manufactured goods fall into this category. (2) would be insured against ., for while it could be lost it is not likely to be damaged. (5) on the other hand would be insured against . because it could be damaged in transit, but is less prone to be damaged than the finished products mentioned. 3) Insured Amount and Insurance Premium ?The insured amount ? the highest pensation amount undertaken by the insurer? the foundation for calculating the insurance premium. ? usually calculated on the basis of the CIF invoice value plus 10% or 15 % representing an anticipated profit for the buyer. The formula for calculating the insured amount under CIF trade terms:Insured Amount = CIF price x ( 1 + markup percentage ) ? The insurance premium ? the amount of money paid by the insured in order to make the insurance contract e into force ? the basic proceeds cared by the insurer ? usually calculated according to two kinds of rates: the general premium rate and the named cargo premium rate. The 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 保險(xiǎn)費(fèi) = CIF價(jià) x（ 1 +投保加成率） 保險(xiǎn)費(fèi)率例如，某 CIF合同價(jià)值為USD12023，投保一切險(xiǎn)與戰(zhàn)爭(zhēng)險(xiǎn)，費(fèi)率分別為 %和 % ，請(qǐng)問(wèn) 保險(xiǎn)金額 和保險(xiǎn)費(fèi)各多少？Answer:? Insured Amount: USD12023 x 110% = USD13200?Insurance Premium: USD 13200 x (%+%) = USD132關(guān)于投保加成 國(guó)外買方一般要將預(yù)期利潤(rùn)和有關(guān)費(fèi)用加入貨價(jià)內(nèi)一并進(jìn)行投保，以防貨物萬(wàn)一遭損后，可從保險(xiǎn)公司得到應(yīng)有的賠償。這種在貨價(jià)之外的金額即為加成。一般按 CIF價(jià)值加一成 (即 10％ )。也可根據(jù)具體情況加二成或三成。不過(guò)如按二成三成加保，其保費(fèi)的差額部分應(yīng)由買方負(fù)擔(dān)，如國(guó)外要求超過(guò)三成時(shí)，應(yīng)征求保險(xiǎn)公司意見。在簽訂貿(mào)易合同時(shí)不能貿(mào)然接受。Insurance Documents Insurance Certificate 保險(xiǎn)憑證Open Policy 預(yù)約保險(xiǎn)單Insurance Policy保險(xiǎn)單 4) Insurance Documents Combined Certificate聯(lián)合憑證Endorsement批單4) Insurance Documents the evidence documents on the strength of which the insurance contract is signed by and between the insurer and the insured. Commonly used insurance documents in international trade: ? (1) Insurance policy: the mostly used insurance document. ? (2) Insurance certificate: 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: the bination of the invoice and insurance policy, much simpler than the insurance certificate. It is not often used now.? (4) Open policy: 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: 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 pany’s cons