Insurance壹芭外贸[ie.18DC.Com]
Asking the Buyer to Cover Insurance壹芭外贸[ie.18DC.Com]
Dear Sirs,壹芭外贸[ie.18DC.Com]
壹芭外贸[ie.18DC.Com]
We refer to our purchase order No.885 for 1,000 sets of TCL Color Television.壹芭外贸[ie.18DC.Com]
壹芭外贸[ie.18DC.Com]
We have booked shipping space for the consignment on S.S. Ocean Trader which sails for your port on or about June 1.壹芭外贸[ie.18DC.Com]
壹芭外贸[ie.18DC.Com]
We would be grateful if you would please arrange insurance cover for the consignment at your end.
Please telex your confirmation as soon as possible.
Asking the Seller to Cover the Insurance
Dear Sirs,
Re: Our order No.321 for 30 cases of assorted canned food
We wish to refer you to our order No.321 for 30 cases of assorted canned food, from which you will see that this order is placed on a CFR basis.
In order to save time and simplify procedures, we now desire to have the shipment insured at your end, we shall be pleased if you will arrange to insure the goods on our behalf against All Risks for 110% of the full invoice value, i.e. US $3,000. May we suggest that you would follow our proposal?
We shall of course refund you the premium upon receipt of your debit note or, if you like, you may draw on us as sight for the amount required.
We sincerely hope that our request will meet with your proposal.
Response of Having Covered Insurance
Dear Sesay,
Re: Your Order No.321 for 30 cases of assorted canned food
We have received your letter 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 against All Risks for US $3,000 with Insurance Company of Seoul. The policy is being prepared accordingly and will be forwarded to you by the end of this week together with our debit note for the premium.
For your reference, we are making arrangements to ship the 30 cases of assorted canned food by S.S. Princess, sailing on or about the 10th of November.
Answering a Request for Excessive Insurance
Dear Mr. Wang,
Thank you for your letter of May 1 referring to your order No.911 for 5,000 sets of “Sea Gull” sewing machines.
Your request for insurance coverage up to the inland city is acceptable on condition that such extra premium is for your account.
Secondly, we cannot grant you insurance coverage for 125% of the invoice value, because the contract stipulates that insurance is to be covered for 110% of the invoice value.
We trust that you will find this arrangement acceptable.
Stating Type of Insurance Coverage
Dear Sirs,
We refer to your order No.339 for 200 CL500 VCRs.
We shall be shipping your order ex S.S. Spring, due to leave here at the end of this week.
Unless you give contrary instructions, we will arrange an all-risk insurance policy for the shipment. In our opinion this type of cover is necessary for a cargo of this nature.
We look forward to your early reply.
Informing the Insurance Rate
Dear Mr. Augustatos,
Thank you for your fax of 25 May. I am pleased to let you know that we can arrange an all risk open cover policy for jeans shipments to South Europe main ports.
As you propose to ship regularly, we offer you a rate of 0.0045 for a total cover of US$110,000.00. I am enclosing a block of declaration forms, and you would be required to submit one for each shipment giving full details.
I look forward to receiving your confirmation that these terms are acceptable.
Useful Expressions
Insurance on the 100 tons of wool
Insurance against all risks
Insurance for 110% of the invoice value
Insurance at a slightly higher premium
Insurance at the rate of 5%
Insurance with the People’s Insurance Company of China
We have covered insurance on the 100 metric tons of wool for 110% of the invoice value against All Risks.
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