The Laws And Practices Of The Sea-translated Cargo Insurance

International trade is one of the most important parts of foreign economical intercourse. It lets every country to exert its comparative advantage and raise its productivity,such as the Southeast Asia,which have developed greatly through foreign-trade stratagem. Mainly the sea transports international trade goods. The sea transportation is of bigger-volume capacity and cheaper than the airport and railway,but the goods are confronted with more risks because of long distance and long time to transport. According to maritime laws the shipper is not responsible for the loss and damage caused by the disaster and the contingency or not for all,that is to say,the consignor has no or limited safeguards about whether the goods can reach the destination safely. The trader will face financial difficulty or be bankruptcy once the loss and damage happen,so it will encumber the international trade intercourse. It is necessary for the trader to buy cargo insurance and the insurer will compensate for the loss and damage caused by insured liability.The maritime cargo insurance has been developed following the development of the international trade. With several hundred years passed,the clauses are becoming more rigorous. The Great British have developed maritime insurance for a long period. The Institute Cargo Clauses have affected the maritime insurance of other countries greatly. In our country the reform and opening are not long and we become familiar with the cargo insurance going with foreign trade development. The cargo clauses of PICC had been established according to our practice and consulting the S.G. policy. This article works over the laws and practices of the cargo insurance and probes into the insurance contract about the concluding,the performing,the claiming for compensation,the compensation,the dissention and solving,the existent problem and the countermeasures in order to help the trader with insurance knowledge. The article is made of seven parts:1. The maritime cargo insurance ensures the international trade to perform;2. The concluding and performing of the contract;3. PICC cargo insurance;4. The claiming and compensation;5. The dissention and solving of the contract;6. The existent problem in the cargo insurance;7. Probe into the countermeasures.