Прочитайте и переведите текст устно. There are four main principles of insurance

INSURANCE

Part 2

There are four main principles of insurance. They are utmost good faith, insurable interest, the pooling of risk and indemnity.

Utmost good faith means that both the insurance company and the insured person must be absolutely honest with each other when they are completing the proposal form and agreeing the contract between them. Any dishonesty may render the policy void.

Insurable interest means that you can insure only yourself or your property against the possibility of loss. For example, you can insure your own furniture against damage or theft but you cannot insure the furniture of a neighbour. You can also assure your own life or the lives of your family for financial compensation in the event of death but you cannot do the same on the life of a friend or a neighbour.

The pooling of risks that the company is able to calculate statistically is the risk involved from the historical record of the occurrence of the event insured. The company then estimates how much premium each insured person will have to pay and will pay out when the event insured against occurs.

Indemnity means that the insurance company will only indemnify (pay out) the amount lost to the insured person, should that loss occur. They will do their best to recompense that person financially so that the person will be put back (financially) into exactly the same position that he or she was in before the loss or accident occurred.

There are some risks which the actuaries (people employed by the insurance companies to calculate the risks involved in the contract) will not insure against or they may be unable to calculate. They may not have enough statistical information to help them calculate the risk, or they may, as in the cases of insuring a shopkeeper against “shoplifting”, or against loss of profits, be unwilling to accept the risk. This is called an uninsurable risk.

Lloyds is a place where ship owners are able to insure their ships and their cargoes. Sometimes a syndicate of underwriters (a group of individual insurers) has to accept the risk because it is too high for one underwriter to accept. Lloyds is the world centre of marine insurance; it started in 1630 in Tower Street, London.

Words:

utmost крайний, предельный

faith вера, доверие

pool объединять, подсчитывать

indemnity компенсация, возмещение убытков

actuary актуарий (регистратор)

shoplifting магазинная кража

underwriter страховщик, страховая компания

2 Переведите предложения на русский язык, учитывая разные функции глагола to be.

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