A.P.
Additional Premium
Utilitaires
Incoterms
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A.R.
All Risk: Abbreviation: A.R. Broadest form of insurance cover available, providing protection against all risks of physical loss or damage from any external cause. Does not cover loss or damage due to delay, inherent vice, pre-shipment condition, inadequate packaging or loss of market.
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Abandonment
Giving up the proprietary rights in insured property to the underwriter in exchange for payment of a constructive total loss.