MLchartDataset catalogue

With particular average

Term · Insurance and risk management · MLC-T-INS-003543

A clause in marine insurance policies indicating that the insurer will cover partial losses to cargo, provided the loss exceeds a specified percentage or deductible. This contrasts with 'free of particular average,' where only total losses or general average losses are covered. The policyholder bears the initial portion of any partial loss.

Table 1. Record
IdentifierMLC-T-INS-003543
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003543",
  "term": "With particular average",
  "field": "Insurance and risk management",
  "definition": "A clause in marine insurance policies indicating that the insurer will cover partial losses to cargo, provided the loss exceeds a specified percentage or deductible. This contrasts with 'free of particular average,' where only total losses or general average losses are covered. The policyholder bears the initial portion of any partial loss.",
  "url": "https://mlchart.com/terminology/insurance/with-particular-average/"
}

Record 3,697 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.