Financial
With Average
Marine insurance policy condition covering partial losses (particular average) in addition to total losses. Provides broader protection than 'free of particular average' policies.
Marine insurance policy condition covering partial losses (particular average) in addition to total losses. Provides broader protection than 'free of particular average' policies.
Marine insurance policy condition covering partial losses (particular average) in addition to total losses. Provides broader protection than 'free of particular average' policies.
Free of Particular Average
Policy condition excluding coverage for partial losses, paying only for total loss or general average. Was common before modern ICC clauses and represents the most basic coverage.
LogisticsParticular Average
What is Particular Average, its role in foreign trade, and how it applies to customs operations in Mexico.
FinancialMarine Cargo Insurance
Policy protecting the insured against losses or damage to goods during maritime transport. Can cover from basic risks to all risks depending on the contracted ICC clause.
FinancialICC Clause A
Broadest cargo insurance coverage from the Institute of London Underwriters protecting against all risks of physical loss or damage to goods, with expressly listed exclusions. It is the highest level of protection.