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In marine hull insurance what is the actual total loss

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Question added by Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company
Date Posted: 2015/03/10
Mamoun elbaghir abdalla mhamad Eltayeb
by Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

In the marine hull insurance the actual total loss mean the insured vessel that is completely damaged or lost and irretrievable , under this circumstances the insured is entitled to recover the full amount of the loss from the insurer .

My very best wishes.

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