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Total Loss - Law Dictionary Search Results

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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

Amrygoll

Amrygoll [am-rhy-coll, total loss], loss of property, Anc. Inst. Wales.

Infamy

a person's being convicted of an infamous crime, Black's Law Dictionary, 7th Edn., p. 781. Infamy, public disgrace; total loss of character. This does not now incapacitate from giving evidence, 6 & 7 Vict. c. 85, s. 1.

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Dementia

Insanity madness esp that form which consists in weakness or total loss of thought and reason mental imbecility idiocy

Seminaufragium

where a ship has been so much damaged that her repair costs more than her worth. See CONSTRUCTIVE TOTAL LOSS.

F.A.A

F.A.A., 'free of all average,' denoting in marine insurance that the insurance is against total loss only.

abandonment

act of an insured in surrendering all rights to damaged or lost property to an insurer as a total loss compare salvage e : relinquishment by a trustee in bankruptcy of interest in property in the bankruptcy estate

Die

To pass from an animate to a lifeless state to cease to live to suffer a total and irreparable loss of action of the vital functions to become dead to expire to perish said of

Osteoplasty

An operation or process by which the total or partial loss of a bone is remedied

coinsurance

in which the insured is obligated to maintain coverage on a risk at a stipulated percentage of its total value or in the event of loss to suffer a penalty in proportion to the deficiency

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