Actual Total Loss - Law Dictionary Search Results
actual total loss
Matched in: Term actual total loss
loss
Matched in: Term loss
Constructive total loss
Matched in: Term Constructive total loss
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valued policy law
valued policy law : a law requiring insurance companies to pay to the insured in case of total loss the full amount of insurance regardless of the actual value of the property at the time of the
Insurance
sacrificed for the common safety or which does not otherwise come under the heading of general average or total loss. Losses where the goods are saved, but in such a state as to be unfit to forward to … occur. In this contract, the chances of benefit are equal to the insured and the insurer. The first actually pays a certain sum, and the latter undertakes to pay a larger, if an accident should happen. The
Average
particular average in marine insurance policies.' As to salvage loss and generally, see tits. 'ADJUSTMENT,' 'INSURANCE' and 'CONSTRUCTIVE TOTAL LOSS,' and consult Arnould's Marine Insurance and Carver's Carriage by Sea. (3) Also a small duty paid to masters … pay shall be calculated as the average of the wages payable to a workman during the period he actually worked. [Industrial Disputes Act, 1947, s. 2 (aaa)] (6) Average prices, such as are computed on all the
False imprisonment
on account of the damage sustained by the loss of time and liberty. It must amount to a total restraint of the plaintiff's liberty for some period, however short, see Bird v. Jones, (1845) 7 QB 742. … a public crime, but has also given a private reparation to the party as well by removing the actual confinement for the present by habeas corpus, as by subjecting the wrongdoer to an action of trespass, etc.,
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