Страхование. Транспорт. (Корреспонденция и документация) учебное пособие по английскому языку

SECTION I. INSURANCE

BLOCK 1 CORRESPONDENCE RELATING TO

INSURANCE

• 
  Why do companies insure their cargoes?
  
• 
  What do companies insure their cargoes against?
  
• 
  What is the major aim of any insurance pool?
  
• 
  What does average stand for?
  

1. 
   Utmost good faith. All the facts concerning quality and value must be truthfully stated. All relevant information must be included.
   
2. 
   Indemnity. Nobody should be able to make a profit out of the insurance companies. Therefore, insurance company valuers, surveyors and assessors try to place the insured person or institution in the same financial position after the loss as he/ it was before it. Nobody should be encouraged to destroy goods for the insurance money: therefore the insured value must be realistic. So insurance companies “indemnify” clients.
   
3. 
   Insurable interest. The insured must have a legal connection with the goods he insures. That is, he must be the person who loses if the goods are destroyed or damaged. Nobody should be allowed to insure goods which don’t belong to them.
   

December 15, 20…

• 
  7/seven/ TWA35 Filing Cabinets (severely dented);
  
• 
  63 /sixty three/ Cuefile looseleaf folders (destroyed by seawater).