Passage 2
Insurance in respect of the property will be effected by the Society
in accordance with the Rules and the mortgage conditions with such insurance
companies as the Society may determined. The Society has a wide experience of
insurance companies and of the terms offered by their policies, and places
insurance with many companies who are able to provide the cover which and if so
please contact immediately the Branch Office to which you submitted your
application for loan, and so long as that company and its terms are acceptable
to the Society cover will be arranged accordingly. If you should suggest a
company and it is not one with which the Society does business you will be
informed and offered a choice of other companies. You may request a change of
insurance company at any time during the life of the mortgage. If your mortgage
is under the endowment (损赠) scheme or supported by an insurance guarantee or
if the documents of title specify the company to be used it may not be possible
to accept your choice.
The initial sum insured will be the figure shown under the
heading "Amount of Property Insurance" in the Details of Loan. This figure is
the amount recommended by the Society’s valuer (估价者), as his estimate of the
replacement cost of the building at the date of valuation, unless some other
amount has been agreed in writing between you and the Society. No guarantee is
given or implied that the amount of insurance will cover complete loss.
You are reminded that the market value of your property bears no
relationship to the cost of replacement. The amount for which property is
insured therefore represent not less than the cost, at the time of repair or
replacement, of rebuilding all the property covered in the same materials,
form, style and condition as when it is new. It should also include any
architects, surveyors and legal fees which may be payable, and any costs which
may be incurred in complying with the requirements of the Local authority and
in removing debris (碎片), etc. The term "property" includes domestic
outbuilding, garages, walls, landlords’ fixtures (固定装置) and furniture, etc.
But excludes the value of the land.
The market value of house is therefore likely to be less than the
cost of rebuilding, especially if the property is elderly (年久的). Even if the
property is recently built, the work involved in reinstatement (复原) will be
more expensive than the building cost which can be achieved by a builder
building on an estate basis.
41. The passage appears to be from __________.
○A. an advertisement
○B. an information booklet
○C. a newspaper article
○D. a formal speech
42. The tone of this passage could best be described as ___________.
○A. academic
○B. formal
○C. light-hearted
○D. subjective
43. According to the passage if the customer suggests an insurance company
________.
○A. it is impossible to change that company later on
○B. the Building Society will provide a list of alternative companies
○C. the Building Society will not accept responsibility for the policy
○D. the Building Society may not be able to agree to that company
44. The passage states that when you insure your property _________.
○A. you should not take the land value into account
○B. you should use the market value as a guide
○C. you should take the advice of your Local Authority
○D. garages and garden sheds are not usually included
45. The passage implies that rebuilding a property costs more than its market
value __________.
○A. only if the property is old
○B. particularly if the property is new
○C. whatever the age of the property
○D. because of rising building costs
第六部分 完形填空 (30分)
根据短文在空白处填上适当的单词，该单词的第一个字母已经给出。
The interest paid by stocks rises and falls w 46 the economy. During
times when the cost of living is rapidly becoming greater, s 47 are usually
a better investment than bonds. This is b 48 they pay a much higher
interest rate than d 49 bonds under these conditions. When economic
conditions are not good, h 50 bonds are generally a better investment. This is
because the interest paid b 51 bonds in fixed at a certain rate when they are
issued the does not c 52 . Because of the relationship between the economy
a 53 the performance of stocks and bonds, when people are not sure a 54
economic conditions, they may hesitate before buying anything. They prefer to
wait a 55 see what happens to the prices and rates of interest of stocks
and bonds before investing their money.
