The People’s Insuranbsp;pany of a is a state-owned pany with agents throughout the world.It enjoys a high reputation in handling claims promptly and effectively.As far as we know,the rates they quote are among the most petitive in the line.

We hope the above information will be of great help to you and look forward to receiving orders from you.

Sincerely yours,

[Signature]

Spe 3

Explaining Insuranbsp;Practice

Dear Sir,

We have received your letter of June 20 in regard to insuranbsp;terms.Now we would like to inform you of the following:

Normally we cover insuranbsp;WPA and War Risk in the abnbsp;of the definite instrus from our ers.If you desire to cover All Risks,we bsp;provide subsp;ce at a slightly higher premium.As to the insured value,our usual practibsp;is to insure at invoibsp;value plus 10%.Any additional premium for insuranbsp;ce over 110% of the invoibsp;amount,If so required,shall be for buyer’s at.

Risks other than All Risks and War Risk bsp;also be covered here,and the extra premium will be borne by the buyer.

The People’s Insuranbsp;pany of a is a state-owned pany with agents throughout the world.It enjoys a high reputation in handling claims promptly and effectively.As far as we know,the rates they quote are among the most petitive in the line.

We hope the above information will be of great help to you and look forward to receiving orders from you.

Sincerely yours,

[Signature]

Spe 3

Explaining Insuranbsp;Practice

Dear Sir,

We have received your letter of June 20 in regard to insuranbsp;terms.Now we would like to inform you of the following: