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.
We hope the above information will rve your purpo.
Yours faithfully,
[Signature]
Spe 4
Asking the Seller to Arrange Insuranbsp;on Buyer’s Behalf
Dear Sir,
We wish to refer you to our Order No.B356 for 2,500 piebsp;of Spotlights,from whibsp;you will certainly note that this order is plabsp;on bsp;basis.
As we now desire to have the sig insured at your end,we shall be plead if you will arrange to insure the goods on our behalf against All Risks at invoibsp;value plus 10%,i.e.USD 5,000.
We shall of cour refund you the premium upon receipt of your debit note or,if you like,you may draw on us at sight for the amount required.
We sincerely hope that our request will meet with your approval and await your reply with keen i.
Yours faithfully,
[Signature]
Spe 5
Reply
Dear Sir,
Re:Your Order No.B356 for 2,500 piebsp;of Spotlights
This is to aowledge receipt of your letter dated June 20th requesting us to effebsp;insuranbsp;on the captioned sig for your at.
We are plead to inform you that we have covered the above shipment with the People’s Insuranbsp;pany of a against All Risks for USD 5,000.The polibsp;is being prepared accly and will be forwarded to you by the end of the week together with our debit note for the premium.