1.再保险 reinsurance
2.投保人 applicant
3.保险人 insurer
4.被保险人 insured
5.受益人 beneficiary
6.暂保单 cover note
7.保险单 policy of insurance
8.投保单 proposal form
9.保单 certificate of insurance
10.批单 rider
11.简易保单（保险凭证）the slip
12.除外条款 clause of exceptions
13.免赔额条款 deductible clause
14.共保条款 coinsurance clause
15.责任条款 duty clause
16.代位求偿条款 subrogation clause
17.偿付能力 insolvency
18.监管 regulate
19.欺骗性的 deceptive
20.保费 prepium
21.投机 speculate
22.投保 to propose
23.保险利益 insurable interest
24.人寿保单 life assurance policy
25.债权人 creditor
26.债务人 debtor
27.定期保单 time policy
28.养老保险、年金保险 annuities insurance
29.交税延期 tax-postpone
30.巨灾 catastrophe
31.欺诈行为 fraud
32.养老基金 pension fund
33.保险责任 coverage
34.保险密度 insurance density
35.保险深度 insurance penetration
36.遗产 heritage
37.准备金 reserves
38.禁止反言 estoppel
39.弃权 waiver
40.解除合同 dissolution of contract
41.保单现金价值 cash value
42.不可抗辩条款 incontestable clause
43.年龄误告条款 misstatement of age
44.宽限期条款 grace period provision
45.复效条款 reinstatement provision
46.自杀条款 suicide clause
47.不丧失价值条款 non-forfeiture values and options
48.保单贷款条款 policy loan clause
49.自动垫缴保费条款 automatic premium loan clause
50.保险金给付任选条款 settlement options
51.定期寿险 term life insurance
52.终身寿险 whole life insurance
52.生存保险 pure endownment insurance
53.两全保险 endowment insurance
54.分红保险 participating life insurance
55.万能寿险 universal life insurance
56.投资连结保险 unit-link life insurance
57.健康保险 health insurance
58.疾病保险 disease insurance
59.医疗保险 medical insurance
60.失能收入损失保险 disability income insurance
61.长期护理保险 long-term care insurance
62.意外伤害保险 accidental insurance
63.等于 equal to
64.乘以 multiply by
65.除以 divide
66.加上 plus
67.减去 minus
68.人身保险 personal insurance
69.团体人身保险 group personal insurance
70.机动车辆保险 automobile insurance
71.家庭财产保险 insurance of contents
71.企业火灾保险 fire insurance
72.企业工程保险 engineering insurance
73.建筑工程保险 construction insurance
74.安装工程保险 erection insurance
75.货物运输保险 cargo transportation insurance
76.利润损失险 loss of profit insurance
77.
1.what’s the definition of risk?
risk means uncertainty about future loss or the ability to predict the occurrence or size of a loss.
2.what’re the types of risks?
pure risk and speculative risk
1).pure risk means that the risk can only suffer loss and have no chance to gain benefit.
2).speculative risk means that the risk is able to gain benefit while suffering loss.
3.what are the ways of handing risks?
1).risk avoidance
2).risk dispersal
3).loss control
4).risk restraining
5).risk retention
6).risk transfer
4.what’re the kinds of hazards?
1).physical hazards
2).adverse selection
3).moral hazard
4).psychological hazard
5.what’re the differenes among risk,peril and hazard?
1).a peril is a cause of a loss.
2).a hazard is a condition that may creat or increase the chance of a loss due to a given peril.
3).a risk is used to indicate a condition that there is a possibility of loss.
6.what’s the definition of insurance?
1).from the perspective of the legal,insurance is a kind of contract.
2).from the perspective of the economy,insurance is a system of transfering risk.
3).from the perspective of the society,insurance is a kind of behavior that helps each other.
7.what’re the social functions of insurance?
1).spreading out risks
2).compensating for loss
3).investment and providing for a better utilization of capital
4).social management
8.what are the characteristics of insurance?
1).from the perspective of the legal,insurance is legal.
2).from the perspective of the economy,insurance is commercial.
3).from the perspective of the society,insurance is helpful.
9.what are the differences between the commercial
insurance and the social insurance?
1).the applicant who buy a commercial insurance is volunteer,but the social insurance is bought by a compulsive way.
2).the premium of the commercial insurance is paid by the applicant only,but the premium of the social insurance is paid by the applicant,the company that the applicant work in and the government.
10.what are the categories of insurance?
1).life insurance
2).health insurance
3).accidental insurance
4).properity insurance
5).liability insurance
6).credit insurance
11.what’s the definition of reinsurance?
reinsurance is an economical behavior caused by the insurer to transfering risk,because the insurer concerns the loss will have a bad effect on the stability of company.
12.what’s the definition of deductive clause?
insurance proceeds are payable only after the
insured has paid a certain amount of the loss.
13. what’s the definition of coinsurance clause?
coinsurance clause is used by judging if the sum of money compared with the insurance benefit is enough in property insurance,for example,there is an 80% coinsurance clause,if the sum of insurance has become 80% of the insurance benefit,the insurer will regard it as an enough sum proposal.
14. what’s the definition of duty clause?
the parties to an insurance contract are obligated to perform the duties imposed by the contract.
15. what’s the definition of subrogation clause?
if an insurance company pays a claim to an insured for liability or property damage caused by a third party,the insurer succeeds to the right of the insured to recover from a third party.
16.what’s the definition of insurance contract?
insurance contract is an agreement which stipulates rights and obligations of applicants and insurers.
17.what’s the definition of the principle of insurance interest?
insurance interest clause means that the applicant and the insured must have interest of subject-matter insured.
18.how to affirm the insurance interest in the property insurance?
if a person has some rights of one thing,such as ownership,rights of possession,right to use,creditor’s rights and so on,the person has the insurance interest of the thing.
19.what’re the significances of the principle of insurance interest ?
1).to prevent the behavior of gamble
2).to prevent moral risk
3).to limit the highest sum of money that the insurer pays to the insured
20.what’s the definition of the principle of utmost good faith?
the principle of utmost good faith means that the two parties of the contract should told the other all important details which can affect the insurer whether to accept a insurance and to increase the premium ,and they can’t do any spurious behavior.
21.what’s the definition of the obligation of notification?the two parties of the contract should notify the other all important details in written form or by verbal way before signing the contract .
22.what’s the applicant’s obligation of notification?
1).before signing the contract,the applicant should answer the insurer’s questions according to the facts
2).after signing the contract and in the period of validity,if the level of risk increases,the applicant should notify the insurer.
3).if the subject-matter insured has been transferred or the details of contract has been changed,the applicant should notify the insurer.
4).after the peril,the applicant should notify the condition of subjet-matter insured to the insurer in time.
23.what’s the definition of pledge?
pledge means that the applicant should guarantee whether to do something and whether something exits or not.
24.what’re the definitions of waiver and estoppel?
1).waiver means that one party of the contract notifies or indicates that he will give up certain right.2).estoppel means that if one party of the contract has given up certain right ,he couldn’t ask for the right again.
25.what’s the definition of the principle of loss compensation?
the principle of loss compensation means that if the peril that the contract records happens,the insured may ask for compensation from the insurer according to the contract,but the insured couldn’t gain extra benefit.
26.what’s the definition of the principle of proximate cause?
the principle of proximate cause means that if a cause which makes a peril happens is in the range of insurance obligation,the insurer should compensate for the loss of the insured.
27.what’s the definition of incontestable clause?
incontestable clause means that if a contract has taken effect for 2 years,the insurer couldn’t relieve the contract by the reason that the insured didn’t perform the obligation of notifying.
28.what’s the definition of the misstatement of age?
if the applicant notifies a wrong age when he
proposed the insurance,his premium or compensation money would be adjusted according to the ture age.
29.what’s the definition of the grace period provision?
this provision means that even the applicant doesn’t pay the prepium,the contract is still on effect in the grace period.
30.what’s the definition of the reinstatement provision?
this provision means that if a policy losses efficacy because the applicant doesn’t pay the preium in time, the applicant may apply for reinstatement during a certain period.
31.what’s the definition of reinstatement?
reinstatement means that all the rights and oblibations recorded in the policy are maintained,such as :insurance coverage,insurance deadline,and so on.
32.what’s the definition of suicide clause?
suicide clause means that the insurer pays the insured compensation due to suicide only after the policy has been on effect for 2 years.
33.what’s the definition of the non-forfeiture values and options?
non-forfeiture values and options means that the
applicants have rights to choose different ways to use the cash value of the policy.
34.what’s the definition of the policy loan clause?
policy loan clause means that the applicant may pledge his life assurance policy to the insurer to apply for a loan.
35.what’s the definition of the automatic premium loan clause?
automatic premium loan clause means that if one applicant couldn’t pay his premium in time,the insurer could use the cash value of the policy to replace the premium.
36.what’re the types of life insurance?
1).term life insurance
term life insurance is that only if the insured’s life is end,the insurer would pay insurance money,and its term is fixed.
2).whole life insurance
whole life insurance is that only if the insured’s life is end,the insurer would pay insurance money,and it’s term is the insured’s whole life.
3).pure endowment insurance
pure endowment insurance is that only if the insured is alive during the ruled period,the insurer could pay insurance money.
4).endowment insurance
endowment insurance is that regardless of the insured is alive or dead,the insurer would pay insurance money.
5).participating life insurance
participating life insurance is that the insurance company will allot bonus which is from last accounting year to the clients in a certain proportion.
6).universal life insurance
universal life insurance is that its method to pay prepium is flexible and its insurance money may be adjusted.
7).unit-link life insurance
unit-link life insurance protects the insured and at the same time it possesses at least one investment count which owns some property.
37.what’s the definition of the annuities insurance?
annuities insurance is that only if the insured is alive the insurer would pay insurance money,and the
time of paying cycle is no more than one year.
38.what’s the denifition of the health insurance?
health insurance is that only if the insured is ill or suffers accidents the insurer wouly pay compensation.
39.what’re the types of the health insurance?
1).disease insurance
disease insurance is that only if the insured gets illness which is recorded on the contract the insurer pay the insurance money.
2).medical insurance
medical insurance is that only if the insured is cured by the medical behaviors which are recorded on the policy the insurer would pay the insured medical fee.
3).disability income insurance
disability income insurance is that only if the insured is no able to work because of the illness or accidents which are recorded on the policy the insurer would pay the insurance money.
4).long-term care insurance
40.what’s the definition of the deductible excess? what’s its role in insurance company?
1).the insurer only undertake the part which is more
than a certain sum of money,and the part which the insurer doesn’t compensate is the deductible excess.
2).the deductible excess plays an important role in insurance company,it helps company to save much unnecessary cost and reduce moral risk.
41.what’s the definition of the accidental insurance?
accidental insurance is that only if the insurer is dead or disabled due to the accidents recorded on the insurance contract the insurer would pay the compensation.
