What is meant by total loss

Friday 19 May 2017 07:31

Question: What is meant by 'total loss'?

Answer: There occasions when we are asked to move/store a consignment that has been moved/stored by a third party. When this happens our insurers will only offer a total loss policy because damage could of happened when previously moved or stored by others and we would not now this. Total loss cover the whole consignment or package. Thank you for your question regards Mark Lane.

Thanks for your question.

We'll do our best to answer as quickly as possible. We'll list your answer on our Frequently Asked Questions page.

If you would like us to email when we've published an answer to your question, or if you would like to only receive the answer by email, please complete the details below:

If you would prefer to only receive the answer by email, please check the box below: