What are the costs involved in marine insurance?

The expenses involved in marine insurance are mainly salvage expenses and salvage expenses. The so-called rescue expenses refer to the management expenses incurred by the insured or his agent or the transferee of the insurance policy to avoid or reduce losses when the insured goods suffer disasters or accidents within the scope of insurance liability. The so-called salvage expenses refer to the remuneration paid to the salved party by the insurer or a third party other than the insured after taking effective salvage measures.

Extended data:

I. Common types of maritime risks

The risks of cargo transportation by sea are divided into maritime risks and external risks.

1. Maritime risks include natural disasters and accidents. Natural disasters only refer to irresistible disasters such as bad weather, thunder and lightning, floods, drifting ice, earthquakes and tsunamis; Accidents mainly include major accidents with obvious marine characteristics;

2. External risks refer to all kinds of risks except maritime risks, which are divided into general external risks and special external risks: general external risks refer to theft, breakage, leakage, pollution, damp heat, odor, rust, hook damage, shortage of quantity, fresh water and rain, etc. Special external risks mainly refer to risks caused by military, political and administrative regulations, resulting in the loss of goods. Such as war, strike, non-delivery and refusal.

Second, the calculation method of marine insurance premium

1. Insurance premium = insurance amount * insurance rate

2. Insurance amount = CIF invoice price * invoice markup rate (generally 10%)= CIF price * 1 10%.

Among them, the fixed insurance rate is influenced by many factors: the type of goods, voyage, packaging, terms of use, insurance amount, policy method and liability limit.

At the same time, the insurance rate affects the insurance period, that is, enterprises with less export goods can choose a separate policy, that is, insurance for single export goods; Foreign trade enterprises with obvious off-season can choose a monthly statement and declare it monthly according to the agreed insurance rate; For enterprises with relatively frequent export of goods throughout the year, it is suggested to choose the annual bill, take the year as the settlement time, pay about 75% of the estimated premium in advance, and make up the excess.

Third, common sense of marine insurance

1, shop around and consult more insurance companies. Generally speaking, marine insurance premium is 3‰-8‰ of the value of goods.

2. The beneficiary writes his own company, and the payment address writes his own company address. If it is CIF, the guest pays the premium and fills in the customer information.

3. Insure against all risks and write warehouse to warehouse from beginning to end. Individual countries can only do Hong Kong to the warehouse.

4. The cabinet can be insured after shipment, because the insurance is from the warehouse to the warehouse, and there is no need to wait until the ship sails.

4. What kinds of marine insurance are there?

Import and export are divided into FPA, WPA and all risks.

(1) FPA (ICC-C):

1. Total loss or constructive total loss of the whole insured goods due to natural disasters such as bad weather, lightning, tsunami, earthquake and flood during transportation.

2. All or part of the goods are lost due to accidents such as stranding, hitting rocks, sinking, mutual collision, collision with drifting ice or other objects, fire and explosion.

3. In the case of accidents such as stranding, hitting rocks, sinking and burning, the goods suffered some losses caused by natural disasters such as bad weather at sea, lightning and tsunami.

4. All or part of the losses caused by one or more goods falling into the sea during loading, unloading or transportation.

5. The reasonable expenses paid by the insured for taking measures to rescue, prevent or reduce the damage of the insured goods, but not exceeding the insured amount of the rescued goods.

6. The losses caused by unloading at the port of refuge and the special expenses incurred by unloading, storing and transporting goods at the midway port and the port of refuge after the means of transport suffered shipwreck.

7. General average sacrifice, contribution and salvage expenses. 8. The contract of carriage contains the clause "Liability for Mutual Negligence in Collision of Ships", according to which the cargo side shall compensate the loss of the ship side.

(2) W.P.A. Insurance:

W.P.A. = F.P.A.+partial loss of goods caused by natural disasters.

(3) The first risk (ICC-A):

All risks = wpa+1 1 general additional risks.

1 1 kinds of additional risks include: theft, non-delivery risk, fresh water rain risk, shortage risk, mixed pollution risk, leakage risk, collision and breakage risk, cross talk risk, damp heat risk, hook risk, package risk and rust risk.