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Insurance, General-Average

shipping container at sea
Definition

General-Average Insurance refers to an insurance policy that covers the costs and expenses incurred during a general average situation, where sacrifices or expenditures are made to save a vessel or cargo from a common peril, allocating the costs

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Insurance, General-Average

Definition

General-Average Insurance refers to an insurance policy that covers the costs and expenses incurred during a general average situation, where sacrifices or expenditures are made to save a vessel or cargo from a common peril, allocating the costs

Have a question? Talk to an expert.

Our experts love to answer questions. Fill out the form and someone will contact you soon.

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Get the Most Advanced Visibility Into the Journey of Your Ocean and Rail Containers

Talk to one of our supply chain experts to get started now.
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Shipping container at seaShipping container at sea