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保险条款的翻译练习
Insurance
翻译实践
1. The JVC shall purchase appropriate comprehensive insurance to cover various kinds
of risks as would be usual for a joint venture enterprise engaged in the same type of
industry
and
in
manufacturing
products
similar
to
the
Products
including,
without
limitation, product liability covering the manufacture and supply of the Products and
such insurance shall be underwritten by an insurance company registered in the PRC.
The types, value and duration of insurance shall be decided by the Board of Directors
after discussion with the insurance companies and Party B.
The
premises,
plant,
machinery
and
equipment,
raw
materials,
components
and
the
Products shall be insured by JVC for adequate replacement value against fire, storm,
tempest, accident, flood, theft and other risks which may destroy or diminish the value
of the Products or which may render the Products unfit for consumption.
2. Insurance shall, to the extent it is available on premium and terms comparable to
those abroad and as required by applicable Chinese law, be obtained in China and such
policies will be denominated in Renminbi or foreign currency or both, as appropriate.
The Company shall, at its own cost and expense, at all times during operation of the
factory and other facilities and during any construction work take out and maintain full
and adequate property insurance covering the buildings, contents, and other first party
risks of the Company as are customarily insured against in China.
The Company shall maintain product liability insurance, third party liability insurance
and other relevant insurance coverage in order to protect the Company, its employees,
agents and other appropriate parties from claims.
3. During the term of this Agreement, Party A shall undertake, renew and maintain for
its benefit and interest, and at its own cost and expense, the following primary insurance
policies:
1
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