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What the definition of PARTICULAR AVERAGE in marine cargo insurance?

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Question ajoutée par Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company
Date de publication: 2015/03/05
Mamoun elbaghir abdalla mhamad Eltayeb
par Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

Particular average in marine cargo insurance may  be defined as a loss which fall on the particular property insured , as opposed to a " general average " which is a loss for the account of all interest including the vessel owners.

Thanking you

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