with particular average

Definition of with particular average: Marine insurance provision under which the insured cargo is covered for partial damage from seawater or loss from . Definition of WITH PARTICULAR AVERAGE: Marine insurance. Where insured cargo is covered for partial damage from sea water or loss from breakages, theft . Particular average is a partial loss that falls on one interest because it is not due to the type of situation to which the law of general average applies. Particular average is partial loss or damage to a ship or its cargo that affects only the ship owner or one cargo owner. particular average ý nghĩa, định nghĩa, particular average là gì: an agreement that says that the cost of damage to goods that a ship is carrying is paid for by the . 18 thg 9, 2019 - free of particular average ý nghĩa, định nghĩa, free of particular average là gì: used to describe an insurance agreement in which the insurance . Definition of particular average. : a partial loss in marine insurance that must be borne by the interest or goods sustaining it without benefit of contribution from other interests — compare general average. Particular average definition, a loss at sea, as through accident or negligence, that is borne solely by the owner of the lost property. Abbreviation: P.A. See more. Other articles where Free of particular average clause is discussed: insurance: FPA clause: The FPA, or 'free of particular average,' clause excludes from . Looking for information on With Particular Average? IRMI offers the most exhaustive resource of definitions and other help to insurance professionals found . Definition of Particular average: An insurance loss that affects specific interest only. There are two kind or particular average losses: the total losses of a part of .