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英语翻译Insurance:To be effected by the seller for 110pct of inv

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英语翻译
Insurance:To be effected by the seller for 110pct of invoice value against all risks and war risk as per CIC of the PICC dated 01/01/1981.
Terms of Payment:The buyer shall open through a bank acceptable to the seller an irrevocable sight letter of credit to reach the seller 30 days before the month of shipment and to remain valid for negotiation in CHINA until the 15th day after time of shipment.
保险:由卖方投保,以发票金额的投保一切险和战争险,以01/01/1981人保CIC的约会.
付款条件:买方应通过银行接受开给卖方不可撤销即期信用证到达卖方于装运月份前30天,内在中国议付有效后第15天交货.