This Article introduces the debates within the insurance circlein China over the scope of covcrage of the PICC All Risks Term,the Administrative Explanations about this point made by thePeople’s Bank of China and the relevant Judgments held by severalPeople’s Courts involving in this point, and then comes to the con-clusions that the coverage of the current PlCC All Risks Term isnow clarified as of named Risks. However by making a contrast be-tween PICC Terms and Institute Cargo Clauses (A ), and in consid-eration of the international trend in the definition of the covercdrisks, the writers boldly suggests that the coverage of the PICC AllRisks Term should be made more definite and perfect.
