본문/내용
C o n t e n t s
1. International Trade -P 1 ~ 2
1. Concept of International Trade
2. Characteristic of International Trade
3. Conditions of contract and Insurance in Trade
4. Insurance
2. Marine InsuranceP 3
1. Concept of Marine Insurance
2. Type of Marine Insurance
3. Lloyd`s of London-P 4 ~ 5
1. Lloyd`s of London
2. Members and Characteristic in Lloyd`s of London
3. Crisis and Present Condition of Lloyd`s of London
4. Reform of Lloyd`s of London
4. Lloyd`s Policy and Institute Cargo CIauseP 6 ~ 8
1. Concept of Lloyd`s Policy and ICC
2. Perils Covered and Collateral in Lloyd`s Policy and ICC
3. Excepted Perils and Exception Clauses
1. International Trade
1. Concept of International Trade
It is foreign transactions with foreign country. It also called foreign trade, oversea trade, international trade, and world trade.
2. Characte…
(1) In Korea, which has a high level of dependence on exports, the progress of trade is import element of national economy
(2) Trade deal is business among diverse country. Thus, parties to a sale may be in various trouble such as credit, catastrophe, exchange, transportation risks different from at local trade.
(3) Classification of Insurance
But it is impossible to solve the all the risks in the trade, because insurance policy limits the possible of guaranteed risks.
(3) Classification of Insurance
-Public / Private Insurance
-Life / Material Insurance
-Indemnity / Valued Insurance
-Compulsory / Free Insurance
-Marine / Overland / Flight Insurance
-Original / Re Insurance
Insurance is separated by the location of accident such as marine, overland, flight insurance. The marine and flight insurance are usually united across the nations by reflecting its national characteristic, and overland insurance is independently established depends on each nation`s circumstances. The marine insurance, also, is the initial of insurance, therefore it may called original of insurance.
2. Marine Insurance
1. Concept of Marine Insurance
Marine insurance is the contract that insurer promise to pay compensation to insurant when accident occurred that expressed in the insurance. The insurant pays premium as its cost.