“Free of particular average”. A term in marine insurance referring to a policy which does not cover particular average (i.e. partial) losses.
“Free of particular average”. A term in marine insurance referring to a policy which does not cover particular average (i.e. partial) losses.
A form on which the prospective Insured states facts requested by the Insurance Company and on the basis of which (together with any information from other sources) the Insurance Company decides whether or not to accept the risk, modify the coverage offered, or decline the risk.


