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What is Consequential Loss? In its most basic terms, consequential loss is the basic value of loss, specifically when it relates to the loss of a property's use. A good example of this loss would be when a fire damages a building's structure and causes the businesses in that structure to lose income until it is finally able to reopen after renovations and repairs. [VIEW ARTICLE]Comments RSS Feed For This Article: |








Subject: excellent explanation
Dear Sir, It gives me immense pleasure to read your article about consequential insurance. I am happy to go through and feel improved now as far as the knowledge is concerned.