38.01 The collection of general average security, the preparation of a general average statement and the collection of contributions can be a time-consuming and therefore costly exercise, particularly where a large number of cargo interests are involved. Even where the number of cargo interests is low, or even singular, the declaration and pursuit of general average can be uneconomic if the general average losses are limited in amount. To overcome these problems the marine insurance markets have devised general average absorption cover, usually as an extension of the hull and machinery insurance. This cover enables the shipowner to recover general average expenditure in full up to a pre-agreed figure without collecting security or contributions from the concerned in cargo.