[speaker001:] May I ask you a few questions about insurance?
[speaker002:] Yes.
[speaker001:] Now we've given a CIF Shanghai price for some steel plates. What insurance rate do you suggest we should get?
[speaker002:] Well. Obviously, you won 't want All Risks cover.
[speaker001:] Why not?
[speaker002:] Because they aren 't delicate goods and won 't likely be damaged on the voyage. FPA will be good enough.
[speaker001:] Then am I right in understanding that FPA doesn't cover partial loss for the nature of particular average.
[speaker002:] That's right. On the other hand, a WA policy covers you against partial loss in all cases.
[speaker001:] Are there any other clauses in marine policies?
[speaker002:] Oh, lots of them. For instance, War Risks, TEND and SICC.
[speaker001:] Well, thank you very much for all that information. Could you give me a quotation for my consignment now?
[speaker002:] Are you going to make an offer today?
[speaker001:] Yes. My customer is in urgent need of the steel plates.
[speaker002:] Ok, I'll get this rate right away.
[speaker001:] Thank you.