Q-T
Total Loss
Submitted by Alyssa Dara on Wed, 07/07/2010 - 13:44Property reference to damaged structural components or contents whose repair costs exceed their value.
Time is of the Essence
Submitted by Alyssa Dara on Wed, 07/07/2010 - 13:44A term used to express the need for haste in action or response.
Time Limits
Submitted by Alyssa Dara on Wed, 07/07/2010 - 13:43The period of time after a loss within which a proof of loss must be filed; also the time within which the insurer must respond to the proof of loss or pay the claim.


