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الأربعاء، 25 فبراير، 2015

English for Economics: INSURANCE

INSURANCE

Insurance is one of the most important aids to commerce. Insurance companies make merchants sure that will get their goods in good time and condition.
Goods sent by rail, land, sea or air are insured against dangers. Insurance companies are ready to give certificates to workers and officials. They make sure that such people are trustworthy and reliable.
One can authorizes one's bank to pay his insurance premium. Insurance premium may be monthly or yearly paid.
Insurance makes us sure that highly perishable articles will be handed in good condition. Without insurance, commerce would go bad. People will be unable to get their needs.

Vocabulary:

word meaning word meaning
insurance تأمين certificate شهادة
Insurance companies شركات التأمين officials موظفين
Insured against dangers مؤمن ضد المخاطر perishable عرضة للتلف
Insurance premium قسط التأمين authorize يوكل

Questions:

- Why is insurance important?
- What are the means by which goods are sent?
- Against what are goods insured?
- Dangers, like what?
- How can you pay your insurance premiums?
- what will happen without insurance?

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