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On the Doctrine of Constructive Total Loss
Published online by Cambridge University Press: 18 August 2016
Extract
It would be very difficult to select a more simple idea, couched in more simple terms, than that conveyed by the expression ‘Total Loss.” It would not be easy to find an idea which has wandered farther from its radical, and has by development undergone greater transformations than that of ‘Total Loss,’ according to the doctrine as now expounded.
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- Copyright © Institute and Faculty of Actuaries 1851