PICC P&C General Average Absorption Clause (H.18)
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PICC P&C General Average

Absorption Clause

1991-01-01

It is further agreed that the total General Average (to include sacrifices and expenses, but to exclude interest and commissions) and salvage not exceeding [Insert sum] shall be payable in full (subject always to applicable policy deductible), provided claims for contribution from cargo and other interests has been waived by the Assured.

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