 |
Definition of 'Actual Total Loss'
A loss that occurs when the insured property is totally destroyed or is damaged in such a way that it can be neither recovered nor repaired for further use, or the insured is irretrievably deprived of it. Usually, this indicates the maximum settlement possible according to the terms of the policy.
Also known as "total loss."
|
 |
Investopedia explains 'Actual Total Loss'
When an actual total loss occurs, the insured is not required to give the insurer notice of abandonment (i.e., the surrender of all rights, title and interest) in the insured property in return for the sum insured.
|
Search results for 'Actual Total Loss'
-
http://stocks.investopedia.com/stock-analysis/2011/Banks-Hurt-By-Higher-Loan-Loss-Provisions-OKSB-PNC-NYB-CCNE0425.aspx
... 11.4% increase in total loans over Q1 2010. Even though the bank's loan loss
provisioning was higher in the quarter, it did not expect any actual losses from ...
-
http://www.investopedia.com/university/insurance/insurance2.asp
... companies can use statistical analysis to project what their actual losses will ... Type
of risk: Bodily injury, total loss of vehicle, having to fix your car The ...
-
http://www.investopedia.com/articles/pf/07/personalleverage.asp
... Leverage Ratio, Value of Home, Actual Cash Investment/Down Payment, Resulting Total
Investment Exposure, Dollar Value of a 5% Loss on Total Investment, Remaining ...
-
http://www.investopedia.com/articles/06/moneymarketlookback.asp
... on a real-return basis, even T-bills are not immune to total loss during a ... 1981 to
2000), as inflation expectations remained much higher than the actual rate. ...
-
http://www.investopedia.com/university/fiveminute/fiveminute8.asp
... Even then, the actual announcement has often been preceded by an uptrend (in the
case ... a loss of $337.50 plus two $25.00 commissions, for a total loss of $387.50 ...
-
http://financialedge.investopedia.com/financial-edge/0711/Will-The-Greek-Crisis-Affect-Your-Retirement.aspx
... to aircraft turbulence - with risk having more to do with the actual chance of ... Although
the odds are low that these bonds will be a total loss, there is still ...
-
http://www.investopedia.com/articles/taxes/08/itemized-deduction.asp
... Total, $4,500. 10% AGI limitation, $4,000. Actual deductible amount, $500. A separate
$500 floor is subtracted from each loss, and then the remaining amounts are ...
-
http://www.investopedia.com/university/insurance/insurance3.asp
... 8, Modified Coverage Form): This form of insurance settles losses on an actual cash
value basis ... on the hook for the remaining 20% in the event of a total loss. ...
-
http://www.investopedia.com/articles/fundamental-analysis/10/strategy-performance-reports.asp
... also create strategy performance reports for actual trading results. ... since it is
based on the total net profit ... trade that creates a profit (or loss) many times ...
-
http://www.investopedia.com/slide-show/risk-tolerance
... grad's knowledge is likely based more on theory than on actual experience. ... With
appropriate diversification, the probability of total loss is greatly reduced. ...
|
|
