• 2022-05-31
    The indemnity principle is also appliable to life or personal accident insurance.
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    • 0

      Cargo insurance coverage is divided into four types: marine insurance, air insurance, land insurance and postal insurance. As far as foreign trade is concerned, air insurance is the most important.

    • 1

      The insurance premium is normally about _____ of the insured amount depending on the type of insurance.

    • 2

      ______ refers to the maximum amount which the insurer undertakes to pay for indemnity or for its insurance obligations.

    • 3

      Insurance policy is a written agreement between a(n) _____ and an individual or organization that requires insurance.

    • 4

      The Chinese social security system is based on providing five types of social insurance. They are______. A: Senior pension insurance B: Medical insurance C: Unemployment insurance D: Maternity insurance E: Injury at work insurance