Posts Tagged ‘Constructive Total Loss’

Constructive Total Loss

Notwithstanding anything herein contained in section I of this policy to the contrary, it is hereby declared and agreed that the insurance provided by this policy shall only cover the Total Loss of the motor vehicle Insured directly caused by accident, Fire or theft as defined in the Policy. In the event the equipment insured is damaged due ... Full story

Apa yang dimaksud dengan Total Loss dalam Asuransi Kapal (Hull & Machinery)?

Apa yang dimaksud dengan Total Loss dalam Asuransi Kapal (Hull & Machinery)?
Banyak sekali rekan maupun klien yang bertanya apakah yang dimaksud dengan Total Loss? Apakah kerusakan 75% dapat klaim Total Loss? Berapa klaim yang dibayar? Market value atau Insured value? Full story
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