70
CurrentParticular average loss
Part VLoss and Abandonment
Division 2Partial Losses (including Salvage, General Average, and Particular Charges)
70 Particular average loss
(1)
A particular average loss is a partial loss of the subject‑matter insured, caused by a peril insured against, and which is not a general average loss.
(2)
Expenses incurred by or on behalf of the assured for the safety or preservation of the subject‑matter insured, other than general average and salvage charges, are called particular charges. Particular charges are not included in particular average.
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