Maximum Foreseeable Loss (MFL)

Maximum Foreseeable Loss (MFL),

What is The Definition of Maximum Foreseeable Loss (MFL)?

The worst damage that can be caused by an accident.

Maximum Foreseeable Loss (MFL) definition is: The maximum expected loss (MFL) is the largest loss that can be incurred by the insured. This means that you need to make maximum insurance payments, such as when a property is destroyed and a business is affected. This loss also means that the recovery process is likely to take longer.

Maximum Foreseeable Loss (MFL) means: The maximum loss can be estimated from the term insurance commonly used in commercial and commercial properties. The MFL is the worst case scenario for compensation claims.

  • Maximum Expected Loss: MFL is an insurance condition commonly used to protect companies or commercial property.
  • MFL refers to the worst case scenario, if the insured property is damaged or destroyed it can be the biggest insurance shock.
  • Damage is usually caused by a negative event, such as a fire, storm, hurricane or other natural disaster.

It is used to identify the biggest losses in property insurance that can be caused by exposure. This is usually based on inspections and inspections at the insurance level.

Literal Meanings of Maximum Foreseeable Loss (MFL)

Maximum:

Meanings of Maximum:
  1. As large, as long or as strong or as permitted.

  2. The largest or largest number possible.

  3. at most.

Sentences of Maximum
  1. Maximum vehicle speed

  2. The school can accommodate a maximum of 32 students

  3. Its maximum length is 4 feet

Synonyms of Maximum

apex, upper limit, paramount, largest, crest, extremity, vertex, ceiling, uttermost, most, highest, peak, greatest, summit, utmost, zenith, topmost, limit, supreme, apogee, top, extreme, height, maximal

Foreseeable:

Meanings of Foreseeable:
  1. Predictable or predictable.

Sentences of Foreseeable
  1. The situation is unlikely to change at any time.

Synonyms of Foreseeable

foreseeable, to be expected, unsurprising, inevitable, predictable, expected

Loss:

Meanings of Loss:
  1. The fact or action of losing someone else.

  2. Money lost by a company or organization.

  3. Traumatic situation or feeling when someone or something is deprived of its value.

  4. When you get lost, you really miss someone or something.

  5. Measurements as the relationship between the input power and the output power within or between the circuits.

  6. Interest or uncertainty about what to think, say or do

  7. Make less money than buying, running or producing something.

Sentences of Loss
  1. Deductions in financing hurt jobs

  2. The possible loss of employment was due to the possible closure of the garrison barracks.

  3. He acknowledged that the financial crisis could mean further job losses and environmental shutdowns.

  4. The school itself will lose its job by changing one of the two application forms.

  5. Profit warnings announced earlier this year now affect job losses.

  6. The bank did not say how many jobs would be lost from the branch's closing program.

  7. Subsequent tests revealed that the reporter did not suffer such losses.

  8. He worries that district morale will no longer be able to cope with the loss of jobs.

  9. He said there should be a loss of jobs, but no decision has yet been made on which areas to trust.

  10. Farmers hope to send their animals for slaughter first to avoid financial losses.

  11. Losses in any job are dealt with through collective and voluntary negotiations.

Synonyms of Loss

disappearance, pain, anguish, squandering, grief, torment, dissipation, forfeiture, overlooking, distress, privation, losing, forgetting, suffering, waste, dropping, misplacement, trauma, hurt