翻译由卖方按CIF成交金额的110%投保中国人民保险公司海运货物水渍险、碰损破碎险

To be covered by the Sellers with the PICC at 110% of the total C.I.F. invoice value against W. P. A .and *& breakage risks .
or:
THE SELLER SHALL COVER INSURANCE AGAINST W.P.A AND * & BREAKAGE RISKS FOR 110% OF THE TOTAL INVOICE VALUE AS PER THE RELEVANT OCEAN MARINE CARGO OF P.I.C.C.