This Insurance covers general average and salvage charges, adjusted or determined according to the contract of affreightment and/or the governing law and practice (or, if there is no contract of affreightment, according to Foreign Statement or to York – Antwerp Rules) incurred to avoid or in connection with the avoidance of loss from any cause.
For the purpose claims for general average contribution and salvage charges recoverable hereunder, the subject-matter insured shall be deemed to be insured for its full contributory value.
General average deposits shall be payable on production of general average deposit receipts.
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