(woman) I hope you've all finished reading the assigned chapter on insurance-so that you're prepared for our discussion today. But, before we start, I'd like to mention a few things your text doesn't go into.
It's interesting to note that insurance has existed in some form for a very long time. The earliest insurance policies were called bottomry contracts. They provided shipping protection for merchants as far back as 3000 B.C.
In general, the contracts were often no more than verbal agreements. They granted loans to merchants with the understanding than if a particular shipment of goods was lost at sea, the loan didn't have to be repaid. Interest on the loans varied according to how risky it was to transport the goods. During periods of heavy piracy at sea, for example, the amount of interest and the cost of the policy went up considerably.
So, you can see how insurance helped encourage international trade. Even the most cautious merchants became willing to risk shipping their goods over long distances-not to mention in hazardous weather conditions-when they had this kind of protection available.
Generally speaking, the basic form of an insurance policy has been pretty much the same since the Middle Ages. There are four points that were salient then and remain paramount in all policies today. There were outlined in chapter six and will serve as the basis for the rest of the of today's discussion. Can anyone tell me what one of those points might be?
托福听力短文:woman.doc正在阅读:
托福听力短文:woman07-09
献给母亲的短信句子五篇10-04
2017最新玩具市场调查报告06-24
六年级议论文《有志者事竟成》,六年级议论文:为别人鼓掌09-29
2022年浙江省温州市鹿城区综合行政执法局历史文化街区中队招聘公告12-12
2016年浙江普通高中会考数学真题及答案(Word版)11-16
伤仲永读后感800字08-21