FPA


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FPA

Abbreviation for the insurance term Free of Particular Average

Free of Particular Average

A provision in maritime transport insurance stating that the insurer is not responsible for losses up to a certain percentage of the value of the covered products. The specific percentage varies according to the insurance agreement. Free of particular average provisions normally occur if the covered products are likely to sustain minor losses in transport. This allows the insurer to only be liable for catastrophic losses resulting from transport; for example, the insurer will be liable if the ship sinks or all the products catch fire. It will not be liable if some of the products break in transit, up to a certain percentage of the total value.
References in periodicals archive ?
From start to finish, FPA supports its members through business support, advocacy, community and professional education," Pare said.
In this architecture, a block-unblock lithographic mask named coded aperture encodes the spectral image; then, a dispersive element acts on the image, and finally it is projected to the FPA.
Other new and forthcoming studies commissioned by the FPA explore advisors' use of robo technology (42 percent have no plans to do so); social media's role in growing advisors' practices and advancing thought leadership in the profession; and, unveiled at the close the national conference, consumers' knowledge of Social Security (most overestimate or underestimate Social Security benefits they'll receive by waiting to become beneficiaries at full retirement age.
The Aston Villa Old Stars team was set up more than half a century ago, while the Aston Villa FPA was formed
Located in Los Angeles, California, FPA is independently owned, with 26 investment professionals and 69 employees in total.
Lee, the FPA Board recognizes the leadership he has provided to the KSTAR tokamak project, to Korean participation in the ITER project, and his leadership of the International Fusion Research Council (IFRC).
Recommendation: Fourth, to increase Congress's and the agencies' understanding of the strengths and limitations of FPA--including the extent to which it achieves the key objectives envisioned by the 2001 report--and to fulfill one of the original objectives established for FPA, the Secretaries of Agriculture and the Interior should direct the agencies to submit the FPA model to external peer review.
Given that FPA has been so successful in terms of widespread adoption, at least within the data processing environment, it is sometimes surprising to realize that FPA provides a very basic item of data.
FPA worked closely with its 101 chapters last year to secure mayoral and gubernatorial proclamations and is doing so again this year," says Heather Almand, FPA director of public relations.
The Flexible Packaging Association (FPA) has released its special "Flash Report" for 2003, a study that provides data gathered from FPA members to examine the performance of the industry in the current uncertain economic and volatile industry conditions.
Essentially, an FPA requires meeting with your customers to determine the services they want and need in the upcoming year.
But when the FPA began construction on the site, intended to feature two ponds and a gymnasium, workers discovered large amounts of waste, including building material, buried there.