简答题Both insurance policy and insurance certificate should state identical information. But different from the insurance policy, an insurance certificate does not set out the terms and conditions of insurance. A、正确 B、错误简答题In most Marine Insurance cases, the time limit for filing suit against the shipping companies is one year from the date of discharge of goods, which cannot change as per the rules and regulations of insurer. A、正确 B、错误简答题No specific claim form is prescribed by law, but some elements are essential: ________. A、the shipment must be identified to enable the carrier to conduct an investigation B、the type of loss or damage must be stated C、the amount of the claim must be stated or estimated D、a demand for payment by the carrier must be made简答题Which of the following shows the correct relationship among FPA, WPA and All Risks? A、WPA B、WPA > FPA > All Risks C、FPA D、FPA > WPA > All Risks简答题Say you caused 1,000, the insurance will not pay to cover the damage; if you had a 100, and they would pay $700. This is an example of a ________. A、franchise premium B、premium deductible C、franchise deductible D、standard deductible简答题Insurance agents represent insurance buyers, while insurance brokers represent one or more insurance companies. A、正确 B、错误简答题By legal definition, ocean marine insurance covers the following property types:________. A、cargo B、hull C、freight D、liability from negligence简答题A ________ is an extraordinary loss incurred to preserve the common interest, thus is borne in common by the owners of all the property engaged in the venture. A、particular average B、general average C、total average D、partial average简答题________ is not the fundamental principle of Marine Insurance. A、Insurable Interest B、Indemnity C、Peaceful Settlement D、Insurable Interest简答题As per the principle of indemnity, the marine insurance policyholder will not get more than the actual loss incurred. A、正确 B、错误简答题According to ICC, the scope of insurance coverage mainly has two types: basic coverage and additional coverage. A、正确 B、错误简答题W/W Clause protects from the risk of loss that may be incurred from theft or damage to goods while shipped from one ________ to another. A、factory B、warehouse C、dock D、port简答题Under a CIF transaction, the exporter is allowed to take a policy to cover profits up to a maximum amount of ________ of CIF value. A、0.05 B、0.1 C、0.15 D、0.2简答题When the exporter delivers the goods, the insurable interest in such goods transfers at the point and time where the risk shifts from the ________ to the ________, as determined by the international commercial terms used. A、importer, exporter B、exporter, importer C、insurer, insured D、insured, insurer简答题The insurance company is also known as ________ who assumes the liability as and when loss occurs. A、insured B、insurant C、underwriter D、insurance agent简答题If you will be presenting documents under a letter of credit, then you should keep in mind that you ________ present insurance policy instead of an insurance certificate, but you ________ present an insurance certificate instead of an insurance policy. A、can, can B、can, cannot C、cannot, can D、cannot, cannot简答题Based on the principle of utmost good faith, if the insurer finds out that the insured hides material facts at the time of the claim, the insurer cannot reject the policy application form. A、正确 B、错误简答题Supposing that the policy states that the franchise deductible is 100 or less. Only when it goes above $100 does the insurance company will pay for everything up to the policy's limit. This is an example of a ________. A、franchise premium B、premium deductible C、franchise deductible D、standard deductible