402. Actual total loss of goods by destruction or damage.
If insured goods are so damaged by the perils insured against that in a commercial sense they have lost their original character and are not saleable under their ordinary description, or exist only in the form of a nuisance, this is an actual total loss,
To view the latest version of this document and millions of others like it, sign-in to LexisNexis or register for a free trial.
To view this document in full, take a free 7 day trial of LexisNexis and benefit from:
- Access to 20 million legal documents from over 1,600 Sources as part of our archive
- The ability to download court judgments within 30 minutes of their release
- New enactments available within 24 hours of publication on legislation.gov.uk
- Exclusive Sources to LexisNexis include; Halsbury’s Laws, Atkin’s Court Forms, Encyclopedia of Forms and Precedents and the All England Law Reports
View full volume
CONTACT US
