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ATMA Apparel & Textile Merchandising Academy

Glossary

What is Total loss?

A loss in which the whole insured shipment is destroyed or never arrives, so the claim covers the full insured value.

This term in other languages

Arabicخسارة كلية
FrenchPerte totale
TurkishTam hasar

Learn it in the lesson

Filing a cargo insurance claim after a shipment is lost or damaged

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