ABIBLO FINANCE - A1

A1 is a characteristic of a person or property in the best condition. Mostly useful in marine insurance. The vessel usually need to be checked before it can be insured. The Llyod's Register of shipping will be recorded as 'A' if the vessel is maintained in good and efficient condition. Number 1 is added if the anchor mooring is in the same condition. A1 is also used in obtaining a life assurance, where the premium depend on the health of the person. An A1 life is a person in perfect health condition after medical treatment.