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GENERAL AVERAGE SACRIFICE [3 records]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2016-02-25

English

Subject field(s)
  • Insurance
  • Transportation Insurance
  • Maritime Law
OBS

There is a general average act where an extraordinary sacrifice or expenditure is intentionally and reasonably made or incurred in time of peril for the purpose of preserving the property imperilled in the common adventure.

French

Domaine(s)
  • Assurances
  • Assurance transport
  • Droit maritime
OBS

Il y a fait d'avarie commune lorsqu'un sacrifice ou une dépense extraordinaire est volontairement et raisonnablement consenti à un moment périlleux dans le but de préserver les biens en péril impliqués dans le voyage.

Spanish

Save record 1

Record 2 2015-10-20

English

Subject field(s)
  • Maritime Law
  • Transportation Insurance
DEF

... a loss reasonably, proximately and directly caused by or consequential on a General Average act ...

CONT

Such expenses, when properly incurred, may be recovered as particular charges or as a general average loss, according to the circumstances under which they were incurred.

OBS

There is a General Average act when and only when any extraordinary sacrifice or expenditure is reasonably and intentionally made or incurred for the common safety in time of peril for the purpose of preserving from peril the property.

French

Domaine(s)
  • Droit maritime
  • Assurance transport

Spanish

Save record 2

Record 3 2011-05-10

English

Subject field(s)
  • Insurance
  • Transportation Insurance
  • Maritime Law
DEF

Intentional act, authorized by the master of a ship, intended to preserve the voyage from a real peril and which results in a general average loss; such an act might be the jettison of cargo to lighten a ship which is aground and in danger of breaking up if not afloated.

CONT

The last ground on which a common carrier may excuse himself for loss of cargo is a general average sacrifice.

OBS

In the case of a general average sacrifice, [the assured] may recover from the insurer in respect of the whole loss without having enforced his right of contribution from the other parties liable to contribute.

French

Domaine(s)
  • Assurances
  • Assurance transport
  • Droit maritime
OBS

L'assuré a droit à indemnité de l'assureur pour la totalité de son sacrifice d'avarie commune, sans être obligé d'exiger contribution des autres parties.

Spanish

Save record 3

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