If a ship’s captain has to jettison a disproportionate amount of one policyholder’s cargo in order to save the ship, there is a provision of ocean marine insurance that spreads that loss among all of the insurers involved with the ship. What is this provision called?

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If a ship’s captain has to jettison a disproportionate amount of one policyholder’s cargo in order to save the ship, there is a provision of ocean marine insurance that spreads that loss among all of the insurers involved with the ship. What is this provision called?

Answer: 

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