general average Thesaurus Medical Legal Financial Acronyms Encyclopedia Wikipedia Related to general average:Particular average n (Insurance)insuranceloss or damage to a ship or its cargo that is shared among the shipowners and all the cargo owners. Abbreviation:GACompareparticular average ...
Of course, the package of general liability, property, and business interruption insurance is the most basic type of BOP that a business can put together. If necessary, businesses can build out their BOPs into far more robust policies if the need for doing so exists....
Free of Particular Average (FPA) is most often used in marine insurance, where it is a contract clause that eliminates an insurer’s liability for partial losses. "Average” is associated with losses, and “general average” refers to a loss associated with cargo or the ship itself. What ar...
Average car insurance rate by coverage level Depending on your level of coverage, your premium will vary. The average auto insurance policy includes liability insurance with limits of $50,000/$100,000 for bodily injury and $50,000 for property damage coverage, alongside collision and comprehensive...
the apportionment of financial liability resulting from loss of or damage to a ship or its cargo. reduction in the amount payable under an insurance policy, e.g. in respect of partial loss. constituting the result obtained by adding together several amounts and then dividing this total by the...
The most important thing to remember here is that the above moving costs are onlyapproximate valuesthat can serve you well to get a general view of what your cross-country move will cost you. In practice, exact values are merely impossible to state due to the fact that all final moving p...
Average condo insurance cost by coverage amount The more coverage you need, the more you’ll pay for your policy, in general. Make sure you have enough personal property coverage for all of your belongings, including furniture, clothes, electronics and kitchen gadgets. If you have a large unit...
General Liability Insurance: Protects you from financial losses involving customer injuries, copyright infringement, and accidental damage to someone’s property Estimated Cost: $54 to $233 per month Workers’ Compensation Insurance: Helps pay for medical bills and lost wages if an employee suffers an...
Continental Europe saw casualty price increases of 3 percent, which was just the fourth quarterly increase seen in the last six years. Overall casualty prices have risen for two consecutive quarters, after several years of continuous but minor decreases. Both general liability and workers compensation...
The premium is the amount you pay every month for your health insurance plan. The premium amount depends on the plan you choose. Often, the premium price affects the price of the other features. For example, high coinsurance and high maximum out-of-pocket usually means a lower monthly premiu...