TERMIUM Plus®

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FULL AVERAGE CLAUSE [1 record]

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Alphabetical list of terms

Record 1 1989-06-20

English

Subject field(s)
  • Fire, Accidents, Miscellaneous Risks (Insur.)
CONT

The Full Average clause means that the insured will bear a proportion of any loss if he has not insured up to full value of the boat and motor.

French

Domaine(s)
  • Incendies, accidents et risques divers (Assur.)
CONT

Une clause de règle proportionnelle à 100% oblige l'assuré à garantir la pleine valeur de ses biens. Rappelons que cette clause prévoit qu'au cas où le moteur et le bateau ne sont pas garantis pour leur plein valeur l'assuré doit assumer une partie du sinistre.

Spanish

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