As a large percentage of our foreign trade in and out of this country goes by ship, what mainly concerns us is still m _______ insurance. (2) The first form of marine insurance dates back to 3,000 years ago when Chinese merchants spread their goods among many v _______ to reduce the possibility of damage to their products. (3) In return for the payment of a fee (the insurance premium) by the insured, the insurance company agrees to r ___________ the insured in full or in part for any financial losses suffered from various specified risks. (4) The standard Lloyd’s marine insurance policy was adopted as the s________ form in the Marine Insurance Act 1906. (5) Such insurance cannot prevent accidental losses but can provide reimbursement for financial losses should the exporter’s shipment somehow fail to arrive or arrive i_______.