商贸英语900句 商贸英语实用对话 Unit9:Insurance

商贸英语实用对话 Unit9:Insurance  

商贸英语实用对话 Unit9:Insurance
（9）Insurance
◆ A Chinese exporter discusses insuring an order with an
American buYer.
◆ Exporter : Of course
we'll need to insure your shipment of baby coaches.
◆ Importer ： What is the primary purpose of insurance?
◆ Exporter ： It protects against damage or loss of goods during shipping.
◆ Importer ： A business acquaintance told me that you're an experienced exporter. Why don't you explain how goods are valued for insurance purposes? I suppose there's more than one factor that goes to make up insured valuation.
◆ Exporter ： Yes
the primary factor is the cost of the goods at the point of delivery. Then
too
it depends on whether goods are shipped F.O.B. or EX-factory1.
◆ Importer ： I'd like to hear something about those unfamiliar terms.
◆ Exporter ： F.O.B. means free on board. This means the seller is responsible for delivery of the goods to the carrier TM
and from there the buyer is -factory means from the point of origin. This means the buyer pays all shipping costs from the factory.
◆ Importer : How should we go about shipping the baby coaches?
◆ Exporter : Our firm uses a freight forwarder. As soon as the order is ready
my pany issues an order to our freight handler. They prepare all the documents needed for shipping
including the certificate of insurance.
◆ Importer : I understand freight forwarders handle packing and insurance as well as the other documents needed for export.
◆ Exporter : Right.
◆ Importer : What sort of documents do you need to provide to the freight forwarder?
◆ Exporter : We must submit a mercial invoice which provides accurate information about the goods
their value
their quantity
and the names of the consignor and consignees.
◆ Importer : But it's the freight forwarder who chooses the insurance pany?
◆ Exporter : Yes. They only deal with reputable firms
so you can be sure of dependable coverage.
◆ Importer :The insurance is protection against loss arising from damage?
◆ Exporter : Yes
we're usually covered for loss or damage. As soon as the insurance pany gets the export declaration-- if they agree to insure -- they write a policy fixing the terms and the premium.
◆ Importer : And then the consignee pays the premium?
◆ Exporter : And the insurance pany issues a receipt for the premium called a covering note. That secures the goods until the actual policy is written.
◆ Importer : So from that point on we're protected against loss or damage?
◆ Exporter : Some policies cover TLO
so in that case we're covered for total loss of goods only
not for partial loss or damage. But all this is always spelled out in advance.
◆ Importer : Well
thanks for the information.