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LSDefine

Simple English definitions for legal terms

free of all average

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A quick definition of free of all average:

Term: FREE OF ALL AVERAGE

Definition: When something is insured as "free of all average," it means that the insurance policy only covers a total loss. This is a term used in maritime law. The abbreviation for "free of all average" is FAA.

A more thorough explanation:

FREE OF ALL AVERAGE

Free of all average is a term used in maritime law to describe an insurance policy that covers only total loss. It is abbreviated as FAA.

An example of free of all average insurance would be a policy that covers a ship only if it sinks or is completely destroyed. If the ship is damaged but not completely destroyed, the insurance policy would not cover the cost of repairs.

Another example would be a policy that covers a cargo only if it is lost at sea or completely destroyed. If the cargo is damaged but still salvageable, the insurance policy would not cover the cost of repairs.

The examples illustrate that free of all average insurance policies only cover total loss. This means that if the insured item is damaged but not completely destroyed, the policy will not cover the cost of repairs. This type of insurance is often used for high-risk items such as ships and cargo that are more likely to suffer total loss than partial damage.

free market | free on board

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im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
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