8.4.3 Purchasing the Insurance购买保险

8.4.3 Purchasing the Insurance购买保险

Assuming you are obliged to purchase the insurance,you may contact the cargo insurance department of PICC.You may start by inquiring about the right coverage,followed by negotiating on the premium rate.When the negotiation is done,PICC,the insurer,will issue the insurance policy to you or the importer,the insured.An insurance policy is essentially a contract,serving as evidence of the agreement between the insurer and the insured.It forms part of the shipping documents and also the basis for filing a claim when a risk does occur.