Task 13 Read the insurance business letter.



Enquiry for insurance rates – Cash in transit

Dear Sirs

We normally pay into bank each morning our takings for the preceding business day. The sums involved are sometimes considerable especially at the weekends: takings on a Saturday may amount to as much as &6000.

We bank with the local branch of the Barminster Bank on West Street, Milton – about half a mile from our premises.

We therefore wish to take out insurance cover for the followings

1 against loss of cash on the premises, by fire, theft or burglary:

2 against loss of cash in transit between our premises and the bank;

3 against accident or injury to staff while engaged in taking money to the bank or bringing it from the bank.

Please let us know on what terms you can provide cover for the risks mentioned.

Yours faithfully

Task 14 Match the two halves of the sentences and then write a reply to the letter from the previous task.

1. We categorically deny a. to change your accounting software.
2. I deeply regret b. Mr. Tide’s opinion of the audit.
3. I enthusiastically endorse c. current difficulties in this market.
4. We freely appreciate the d. firm’s excellent track record.
5. I fully recognize e. any involvement in fraudulent activities.
6. They totally reject f. your application was not successful on this occasion.
7. We’d like to positively encourage you g. you discuss your case with a forensic accountant.
8. Our company readily endorses the h. your decision to get a second opinion.
9. I sincerely hope i. you are able to find a suitable position soon.
10. I’d like to strongly recommend j. any compromise in these negotiations.

In your reply, use the patterns for openings:

1. Thank you for your letter of ………. We quote below our terms for arranging cover ….. .

2. Your letter regarding opening policy number ……. requesting the coverage for ……….

For closes:

3. The policy is being prepared for you and should reach you by ……. Meanwhile I confirm that we are holding you covered.

4. We undertake all classes of insurance and would welcome the opportunity to transfer further business with you.

 

Task 13 Translate the following phrases into English.

1. страхование в России нуждается в «эволюционном» (постепенном) развитии

2. с ними не может случиться ничего плохого

3. в среднем по Европе более 8%

4. навязываемый продукт

5. дать быстрый толчок продаже страховки

6. постепенное взросление общества

7. нужно признать, что крупные страховые компании в России

8. темпы проникновения

9. ответственность перед третьими лицами

10. собственный ущерб

11. намного отстает

12. мошенническое использование кредитной карточки

13. пройти определенный уровень

14. доля отторжения

15. на одного застрахованного (страхователя)

16. будет более защищена

17. хотя

18. оставались на том же уровне, даже снижали свои показатели

19. в процессе, на выходе

20. сценарий, в котором нет проигравших

GRAMMAR

Grammar notes: Revision of Modal verbs with the Perfect infinitive

Study the table to revise the use of the modal verbs with the perfect infinitive

Модальный глагол Значение Примеры
CanCould логическое предположение (всегда в негативной форме); сомнение в совершении действия (всегда в вопросительной форме) She can’t have stolen the money. Can he have known about it? Could it have been so late?
MayMight предположение, вероятность упрек, действие на грани свершения You may have seen him before. You might have bought a few flowers. It was her birthday. I might have broken your leg.
Must предположение, уверенность в том, что действие имело место в прошлом (90% уверенность – I’msure) He must have taught them to appreciate the old masters.  
ShouldOughtto критика действия (действие желательное или необходимое не было осуществлено в прошлом) They should have tried once more. You ought to have behaved yourself yesterday.
Need отсутствие необходимости в действии, которое было выполнено You needn’t have bought me a gift.

Task 14 Translate the following sentences into Russian paying special attention to modal verbs with perfect infinitive.

1. The insurance company considers that it must have assumed responsibility for too big a risk.

2. Thousands of people may have paid premiums to insurance companies, which use the money to compensate people who suffer loss or damage, etc.

3. Many Lloyds syndicates shouldn’t have made enormous pay-outs; as a result many names were bankrupted.

4. With more people owning vehicles, homes, and more people earning greater amounts worldwide, the need must have emerged to have them insured, creating an entirely new segment for the insurance companies.

5. The adoption of financial market reforms by almost all the countries worldwide must have given birth to a more competitive environment in this sector than in the past.

6. Developing economies can’t have accounted for the bulk of global insurance.

7. For the first time in the past three decades, premium income must have declined in inflation-adjusted terms.

8. He can’t have received compensation for all damage to the building and equipment. He was not properly insured.

9. While many people have lost their homes and jobs, insurance is one product many people cannot have done without.

10. Demands for payment must have followed lots of natural disasters (shipwrecks, earthquakes, hurricanes, and so on).

SPEAKING

Task 15 Read the following text . Let one or two of your group-mates present the information of the text in the form of a lecture. Thendivide it into sections and determine the message of each section. Expand on the stated problems.


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