Financial
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.
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.
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.
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.
LogisticsParticular Average
What is Particular Average, its role in foreign trade, and how it applies to customs operations in Mexico.
LogisticsGeneral Average
What is General Average, its role in foreign trade, and how it applies to customs operations in Mexico.
FinancialICC Clause C
Most basic and restrictive cargo insurance coverage protecting only against major perils such as fire, explosion, sinking, stranding, collision, and general average sacrifice. Does not cover theft or water damage.